Did you know the two largest projects to kick off construction in the past year were just two blocks from each other near Hudson Yards? Or that three of the 10 largest Brooklyn projects are rising in Bushwick?
A 68-story office tower from the Related Cos. at 500 West 33rd Street, part of the Hudson Yards redevelopment project, was the largest project to officially begin construction in 2015. Nearby, Brookfield Property Partners got approved to begin construction of its 67-story, Manhattan West office tower at 401 9th Avenue. Plenty got started in the outer-boroughs as well, with Long Island City seeing the the top four largest projects approved for construction in Queens.
The Real Deal’s research website, TRData, is following all new development activity across New York City. Visit the Data Hub to see up-to-date charts to see which projects began construction in each of the five boroughs during the last month, the last 12 months, and during the last calendar year.
These Data Hub pages are updated monthly and track all future construction projects in tandem with TRData’s running pipeline, the searchable New Development Database. Click on each borough to see the top projects under construction according to permits issued by the Department of Buildings. Additionally, you can see the the top applications for new projects that are yet to be issued construction permits here. – Will Parker
New York City Construction Starts: Permits Issued