NYC Entering Biggest Building Boom in 50 Years; New Rendering of 220 Central Park South

Posted On Thu, July 30, 2015 By

Posted On Thu, July 30, 2015 By In Real Estate Wire

  • New residential construction permits are at the highest since 1963, likely attributed to the expiration of the 421-a tax break. [WSJ]
  • Two Billionaires’ Row condos, 111 West 57th Street and 1 Park Lane, only subsidized 23 affordable housing units. [DNAinfo]
  • Jeopardy host Alex Trebek bought a $1.92 million fixer-upper Harlem townhouse for his 25-year-old son. [NYP]
  • A new rendering of Robert A.M. Stern’s supertall tower 220 Central Park South shows pricey villas. [Curbed]
  • Apparently, only 67% of millennials live on their own. [NYDN]
  • There’s a community meeting tonight to discuss ODA’s Bushwick rental project at the Rheingold Brewery site. [Bushwick Daily]

Images: NYC skyline 2018, via CityRealty (L); 220 Central Park South (R)

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