Investors can track the progress of projects with TRData’s Advanced Search

Users can identify projects that are slow or delayed
June 09, 2017 04:03PM

Projects in New York City are announced and revealed at fervent pace. It’s hard to keep up with them all. Once a developer has filed the initial paperwork, months can pass before the public hears anything more — and longer if the developers don’t have good news to share. Aside from searching for particular properties one at a time on the Department of Buildings’ website, there’s never been a public way to actively keep a finger on the pulse of an upcoming NYC project.

Now, TRData, The Real Deal‘s comprehensive New York City real estate database, allows anyone in the real estate industry to stay on top of a buildings progress, or lack of progress, and make informed decisions based on the data we have compiled. Learn what neighborhoods are becoming hot spots for development, which contractors to avoid, or the size of project that tends to get held up.

For example, to find projects that have not been permitted 16 months or more after filing, you’ll want to use the Advanced Search. Click on “Properties” at the top of the Advanced Search box to switch to the properties tab. If you’d like to find a particular type of property that has been delayed, you can check a box in the “Filter by Type” section of the Advanced Search. Next, select the borough you’re interested in from the “Neighborhood” button under the “Filter by Neighborhood” section. Finally, in the “Filter by Date” section, select “Filed DOB” from the drop down and enter the dates “01/01/2015” to “12/31/2015.” Click the “Filter” button at the bottom of the box and you’ll be taken to the results.

From here you’ll want to pay attention to projects with a status of “Job Filed.” Any project that filed with the Department of Buildings in 2015 but has not received a permit is seemingly behind schedule. Clicking on a particular property in the results will take you to its individual page, which contains a link to its Department of Buildings Job page. Here you can see for yourself the progress a building has made in getting its required permits.

Here are eight projects filed in 2015 in NYC that have not received new buildings permits as of this week:

Projects without permits that were filed in 2015
AddressBoroughPre-Filing DateProposed Square FeetProposed UnitsProperty Type/Job LinkDeveloper
128-130 William StreetManhattan03/18/15107,12415R-2 - Residential: Apartment HousesLightstone Group
304 Mulberry StreetManhattan10/21/1569,30086R-2 - Residential: Apartment HousesBroad Street Development
700 Columbia StreetBrooklyn06/02/1597,2001F-1 - Factory/Industrial: Moderate HazardErie Basin Marine Associates
1901 10th AvenueBrooklyn12/31/1524,78923R-2 - Residential: Apartment HousesMedPart
74-10 88th StreetQueens01/06/15142,1830E- EducationalUnited Tamudical Seminary
5-43 46th AvenueQueens06/09/1569,5501R-2 - Residential: Apartment HousesCRE Development
101 Lincoln AvenueBronx09/03/15784,176836R-2 - Residential: Apartment HousesChetrit Group
600 Bergen AvenueBronx06/30/15338,700281R-2 - Residential: Apartment HousesNYC Department of Housing Preservation and Development
Source: TRD analysis of Department of Buildings permit and job data

To purchase a packaged report of the more than 400 NYC properties that were filed in 2015 and have not yet been permitted, contact Derek Smith at ds@therealdeal or (646) 503-3561.