Residential

Central Park South skyline from across Sheep Meadow, image by Andrew Campbell Nelson

New York’s Housing Fails to Keep Pace With Employment Growth

The worsening housing crisis within the Five Boroughs has been apparent to most residents for quite some time. And now, the Department of City Planning is taking notice. Today, YIMBY has the latest from an event held earlier this week for an Association for a Better New York (ABNY), where its first director affirmed the need to produce more housing, as both New York and its suburbs are failing in this capacity.





75 Nassau Street

Demolition Wraps for Tree-Topped Skyscraper at 75 Nassau Street in the Financial District

Five buildings have now been demolished at 75-83 Nassau Street, just a block away from the Fulton Street transportation hub in the center of the Financial District. The activity will make way for Lexin Capital’s proposed 40-story residential skyscraper designed by ODA. New building permits are still awaiting approval, but recent activity on site suggests increasing momentum toward actual construction.

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