2016 Year-to-Date New Residential Units Permitted

2016 Year-to-Date New Residential Units Permitted

The Department of Buildings releases monthly permit reports identifying new residential units permitted for the five boroughs. This newsletter highlights the number of projects and units permitted for New York City from January through August of this year. The project and unit analysis take into account new building permits that were initially permitted; it also does not include 1-3 family homes. The table below shows the numbers of projects and units permitted for each borough, based on the previously mentioned criteria. Brooklyn recorded the most units (2,449) and projects (148) permitted through the first eight months of this year. The Bronx followed with 44 projects and 2,290 units permitted.  Table 2 displays the number of units permitted by neighborhood for the first eight months of this year. Since January, Mott Haven/Port Morris/ Hunts Point has seen the most residential units permitted with 608 units with five projects.  Williamsburg recorded the most units permitted in the borough of Brooklyn with 555 units with 30 projects. Gramercy/Kips Bay recorded the most number of units permitted in Manhattan with 436 units with four projects. Source REBNY Research