Friday, March 21, 2014

(IND) New York City Construction Backlog Continues to Build: The 44 New Developments Hitting The Market This Spring


Just like the temperatures heading into spring, the real estate market tends to warm up. But this year, the sheer amount of action is white-hot, way ahead of the mercury on the thermometer. Why? A whopping 44 new developments are launching this spring—that's condos and rentals—in neighborhoods from Inwood to Williamsburg. Get ready for some big names (and pricey properties) at the Woolworth Building, Stella Tower, and 30 Park Place's Four Seasons Private Residences. Park Avenue South's Fortress of Glassitude is also, at long last, ready to roll. Meanwhile, there's TF Cornerstone's massive rental tower, the last of six it has erected along the Long Island City waterfront, and tons of smaller buildings in Brooklyn, some with just a handful of units. Know of any building we've missed? Please share in the comments or with the tipline, and we'll add it to the map. Take a look at the whirlwind of activity below, which brings one word to mind: Brace.

Follow this link to see details and a map of locations for each project.

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