For every skyscraper on the Manhattan horizon, there are hundreds of buildings that never came to fruition. Money dries up, permits don’t pan out or partners can’t see eye-to-eye. Suddenly, a once-promising project sits idle. This is par for the course in New York City real estate but it’s very difficult to monitor without keeping track of every project filed with the Department of Buildings.
TRData has done just that. Since 2009, we’ve tracked every project filed with the Department of Buildings that has at least 5,000 square feet or 5 residential units. Our pipeline now contains over 12,000 projects and completed properties and allows us to single out projects that have made no permit progress in a significant amount of time.
We’ve assembled a list of over 300 projects throughout the five boroughs that we consider abandoned due to a long period of inactivity in their new building job filings. These projects represent a variety of locations, sizes and proposed building classes. Each project contains valuable property information, such as the size and permit progress, and also includes the developer for each project and the contact information filed with the Department of Buildings.
Click here to download a free sample of 5 abandoned projects. Contact Derek Smith at [email protected] or (646) 503-3561 to receive a custom sample and discuss pricing.