Tag Archives: New York Building Congress

Authorized construction of Queens residential units jumps in 2013


| ctumola@queenscourier.com

Renderings courtesy of NYC Mayors Office's Flickr

Building is booming in the borough.

The city’s Department of Buildings (DOB) authorized construction of 18,095 residential units in 1,383 buildings in 2013, a 71 percent increase from the previous year, according to a New York Building Congress (NYBC) analysis.

Queens experienced the largest percentage jump.

The area went from 1,529 units in 2012 to 3,161 in 2013—an increase of 107 percent.

According to the analysis, the gain was largely impacted by the start of construction of the Hunters Point South affordable housing project in Long Island City.

The report also found that in Queens 72 percent of the permitted buildings were for one- or two-family residences, and the estimated cost of construction per unit reached $102,500.

The NYBC said that last year, for the first time since 2008, the number of housing units authorized by the DOB increased in each of the five boroughs, but residential permits “remain far below the levels attained between 2005 and 2008.”

“With most of the recent talk centered on the recent boom in ultra-luxury Manhattan residential towers, it is certainly encouraging to see that momentum is quietly building in each of the five boroughs,” NYBC President Richard T. Anderson said.  “The key to the city’s success rests in part on our ability to produce a wide range of housing options that are tailored to meet the needs of a population as diverse as New York.”

 

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Ex-MTA chief Lhota closer to mayoral run


| ctumola@queenscourier.com

Photo courtesy of MTA/Flickr

Former MTA Chairman and CEO Joe Lhota is on the fast track to a mayoral bid.

According to media reports, at a New York Building Congress luncheon Monday, Lhota said that he intends to file papers to run for mayor this week.

“I would not have left the MTA, a job and position that I loved, if I was not going to run for mayor of New York,” he said yesterday.

Lhota stepped down from his position heading the city’s transit agency last month in order to explore running in the 2013 race.

When he announced his resignation on December 19, Lhota said that he would make his decision on running for New York City mayor in early January.

A former deputy mayor for operations during the Rudy Giulianni administration, Lhota is expected to run as a Republican and get the endorsement of his ex-boss.

 

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