The New York’s real estate industry is growing at a fast pace. The development projects that were officially proposed in June were colossal office projects. The Tishman Speyer’s project (about 1million square-foot) in Long Island City was the biggest. Among the ten proposed projects: three are residential buildings, one is a hotel, and the rest are office buildings.
Tishman Speyer’s project
Speyer’s project is the biggest. The 27-story building will consist of an office space of 900,509 square feet and a manufacturing plant of 27,569 square feet.
Joseph Sitt’s project
This real estate developer is planning to erect an office building. The 645,100 square feet building will sit on the Red Hook Waterfront (Revere Sugar Refinery’s former site). It will be a five-story building.
Doug’s Steiner project
This developer will build a 248,489-square-feet house. An industrial plant will occupy approximately 126,000 square foot while the supermarket will occupy the remaining 74,000 square-feet.
Michael Shah and John Carson joint project
These two developers plan to construct a new residential building in Brooklyn’s Downtown area. The 150,431 square-foot building will reserve 2,000-square-feet for retail space.
Eugene Schneur and Mo Vaughn
They are planning to build a 148,318 square-foot rental building in the Melrose neighborhood of Bronx.
NYCHA plans to build a 160-unit building on the Chelsea-based Robert Fulton’s parking lot. The 122,955 building will consist of 18 floors.
Hidrock Realty proposed plan
Hidrock is planning to construct a 31-story hotel in Midtown East of Manhattan.
This realtor will construct an office space of 77,228-square-foot in Flushing area.
Quality Capital’s project
A 14-story retail and office building will be built in Greenwich Village.
Boris Aronova‘s plan
The developer will construct the 57,996-square-foot office building in Midtown area.
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