New York City In Midst Of Biggest Residential Building Boom In Decades

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New York City In Midst Of Biggest Residential Building Boom In Decades
Posted by Dave on Thu Jul 30 12:43:57 2015 fiogf49gjkf0d New York City - According to figures release by the census bureau, New York City is currently in the midst of its biggest residential building boom in decades, with more building permits being issued in the first six months of 2015 than any other year dating back to 1963. WSJ.com (http://on.wsj.com/1eCB906) reports that to date 42,088 residential building permits have been issued, with 17,804 issued in June alone, a sign industry insiders say, that developers were responding to the June 15 expiration of the 421-a tax abatement which said that construction must begin by that date. Almost half of the permits issued in June were for residential construction projects in Brooklyn, with the other half evenly split between Manhattan and Queens. Richard T. Anderson, president of the New York Building Congress, called the figure “astounding,” saying the building boom will have “all kinds of implications” for the city moving forward.
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Re: New York City In Midst Of Biggest Residential Building Boom In Decades
Posted by AlM* on Thu Jul 30 14:39:56 2015, in response to New York City In Midst Of Biggest Residential Building Boom In Decades, posted by Dave on Thu Jul 30 12:43:57 2015.* fiogf49gjkf0d Nobody lives in NYC any more. It's too crowded. This is of course part of the reason why we chuckle when you post articles about the wonderful attractions of Texas.
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Re: New York City In Midst Of Biggest Residential Building Boom In Decades
Posted by SelkirkTMO* on Thu Jul 30 18:01:04 2015, in response to Re: New York City In Midst Of Biggest Residential Building Boom In Decades, posted by AlM on Thu Jul 30 14:39:56 2015.* fiogf49gjkf0d Can't wait to see what those rents are gonna be. :)
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Re: New York City In Midst Of Biggest Residential Building Boom In Decades?
Posted by Olog-hai* on Thu Jul 30 19:25:57 2015, in response to New York City In Midst Of Biggest Residential Building Boom In Decades, posted by Dave on Thu Jul 30 12:43:57 2015.* fiogf49gjkf0d No new rail terminals. What's the use?
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Re: New York City In Midst Of Biggest Residential Building Boom In Decades
Posted by AlM* on Thu Jul 30 20:22:29 2015, in response to Re: New York City In Midst Of Biggest Residential Building Boom In Decades, posted by SelkirkTMO on Thu Jul 30 18:01:04 2015.* fiogf49gjkf0d Too damn high, of course.
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Re: New York City In Midst Of Biggest Residential Building Boom In Decades
Posted by SelkirkTMO* on Thu Jul 30 20:33:26 2015, in response to Re: New York City In Midst Of Biggest Residential Building Boom In Decades, posted by AlM on Thu Jul 30 20:22:29 2015.* fiogf49gjkf0d
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Re: New York City In Midst Of Biggest Residential Building Boom In Decades?
Posted by Dave* on Thu Jul 30 21:05:42 2015, in response to Re: New York City In Midst Of Biggest Residential Building Boom In Decades?, posted by Olog-hai on Thu Jul 30 19:25:57 2015.* fiogf49gjkf0d Good point.
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Re: New York City In Midst Of Biggest Residential Building Boom In Decades
Posted by LuchAAA* on Thu Jul 30 22:49:14 2015, in response to New York City In Midst Of Biggest Residential Building Boom In Decades, posted by Dave on Thu Jul 30 12:43:57 2015.* fiogf49gjkf0d I'll bet 99% are 1BR and some studios.
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Re: New York City In Midst Of Biggest Residential Building Boom In Decades
Posted by Dave* on Thu Jul 30 23:06:23 2015, in response to Re: New York City In Midst Of Biggest Residential Building Boom In Decades, posted by LuchAAA on Thu Jul 30 22:49:14 2015.* fiogf49gjkf0d The article doesn't break down the type of unit, just the number of residential building permits issued.
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