New Residential Building Permits
New Residential Building Permits 1Q 2014
- Building permits for new residential units in March totaled 3,423, an increase of 170 percent from February, and a 627 percent increase from March 2013.
- Building Permits for new residential units in the first quarter of 2014 are up 111 percent compared to the first quarter 2013.
- Manhattan was the borough with the
most building permits for new residential units in March with 1,463
units, followed by Brooklyn with 846 units and then Queens with 780
units.
- High numbers in Manhattan are due to the filing of two large residential buildings, one at 855 6th Avenue and another at 1047 Amsterdam Avenue.
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