Stalled Construction Projects
Started by pulaski
about 15 years ago
Posts: 824
Member since: Mar 2009
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there are buyers all over the place looking for stalled projects.
In the admittedly small area that I see day-to-day (UES and Midtown East), it seems that most of the stalled sites are moving forward again. Examples:
SE corner of 79th & Third
Toll Brothers site at 65th & Lex
NW corner of 56th and Park (Drake Hotel site with frontage through to 57th)
NE corner of 57th and Third
NW corner of 55th or 56th (?) and Lex (demolition of old building under way - not certain that this leads immediately to new construction)
I don't know if all of these are residential, but at the least most of them are. What are others seeing in their areas?
sideline, that's what I've been seeing in Williamsburg for a while now. Very few new projects, but lots of the stalled sites have picked back up in some form. A couple have even been completed (144 North 8th, 142 North 6th, etc.). Even the loooong-stalled site on the corner of North 6th and Wythe has started up.