Articles on New Construction Manhattan

Coming Soon: The Durst Block in Midtown West

600 West 58th Street Rendering

One building at a time, the Durst Organization is taking over Midtown West, with innovative, luxury rental buildings modernizing a very historic neighborhood. The Durst Organization is responsible for the design of 1 Bryant Park, 1 World Trade Center, and the Hallets Point Projects.

Mayor de Blasio Addresses Luxury Housing

Sunset Park's mega-development

On Tuesday, Feb. 3, Mayor Bill de Blasio addressed market-rate housing and new construction in New York City. He argued that exclusively building luxury housing will only perpetuate the divide between the poor and the privileged. There’s a lot of multimillion-dollar luxury housing driving the market for 2015, specifically in Manhattan, and de Blasio hopes to supplement some of these projects with affordable housing as well.

What’s the Status of the Essex Crossing Project?

 Essex Crossing

Essex Crossing, formerly known as SPURA (Seward Park Urban Renewal Area), is an underdeveloped area in the Lower East Side neighborhood of Manhattan that has several empty lots and residents who have been around ever since the rat infestation, drugs, and prostitution of the 1980s.

Makes Sense: Report Shows New Constructions Are Driving Market

Even before 2015 began, real estate news outlets had commented on the beginnings of a cooldown in New York’s real estate market — the market’s growth would continue steadily, albeit at a more even keel than in the few boom years that preceded it.  On Monday, the 4Q 2014 Elliman Report was released, which illustrated a more accurate picture of the market.  The take home message: Manhattan’s ultraluxe new developments are driving the market.

2014 Year End Roundup: The 5 Biggest Stories for NYC's New Constructions

2014 has been a pretty solid year with a whole lot of brand new projects making headway.  With new constructions going at this pace, New York’s skyline is on track for a pretty neat transformation — and with projects in Brooklyn and Queens on thr rise, especially around the waterfront, the attention isn’t just focused on Manhattan anymore.

 

Riverside Center: UWS New Construction Megaproject Gets Renderings

Rendering of Building Three's Interior [All images via 6sqft]

As with many cities, New York’s cityscape is constantly evolving.  This goes doubly true considering the bevy of new construction megaprojects rising up in Manhattan and waterfront Brooklyn and Queens.  Manhattan’s planned clusters of high-rises, which are sometimes divisively glassy in their aesthetics, approach their designs with the optimism of crystalline growth.

NYC's 7 Most Ambitious Projects: A Year-End Roundup

2014 is nearing closure, but there are several mega-projects that will still be in progress when your calendar flips back to the beginning.

Trinity Church Enters the Residential Development Game

Image via Pelli Clarke Pelli

Trinity Church was granted one of the highest-valued real estate deals in New York City some three hundred years ago by Britain’s Queen Anne giving the church 215 acres of land in downtown Manhattan.

Construction in Harlem to Displace Local Business?

National Urban League Rendering

West 125th Street in Harlem will be getting a major update, with over twelve new construction buildings going into development in 2014. Residential and commercial properties will be built  in this location along with the new headquarters for the National Urban League and NYC’s first Civil Rights Movement Museum. A certain building that is slated to begin in 2015 on West 125th Street between Adam Clayton Powell Blvd and Malcolm X Blvd is under major scrutiny as the new development would effectively push out retailers that have held businesses along the busy street.

Lower Manhattan's Burst of Development

Lower Manhattan is planning on massive growth within the next few years, with more than 70 construction projects underway.  The most well-known project, The World Trade Center complex is set to widen the area as a public transportation terminal, with the completion of the Fulton Center, which despite stalls is slated to open in July, and will contain a retail space above the subway lines.  This would complement the reopening of the newer South Ferry Station, which still requires renovations consequent of Hurricane Sandy, as well as the new One World Trade Center, which would expand the current PATH station.  The new complex will also house the 9/11 Memorial Museum.