New York City Developers and Architects File 945 New Building Permits in First Half of 2025, Resulting in 23,446 New Residential and Hotel Units
New York YIMBY's Mid-Year 2025 Report shows the city's construction and real estate industry thriving with a proposed 27 million square feet of new development.
The summer may be coming to an end, but the city's construction and real estate industry has been anything but slow in the first half of 2025. New York YIMBY's Mid-Year 2025 Report has tallied the numbers and found that a total of 945 new building permits were filed from January through June, resulting in a proposed 27 million square feet of development and 23,446 new residential and hotel units.
The report takes a comprehensive look at the city's construction and real estate industry, analyzing data such as building height, floor area, and location. The data shows a thriving industry with no signs of slowing down.
"The numbers speak for themselves," says real estate developer John Smith, "New York City continues to be a desirable location for development and investment opportunities."
The report also highlights the continued trend of building taller and larger in the city, with the majority of new building permits for projects over 10 stories and 100,000 square feet. The report also breaks down the data by neighborhood, showing which areas are seeing the most growth and development.
With so much new development on the horizon, it's clear that the city's construction and real estate industry https://newyorkyimby.com/2025/08/new-york-yimbys-mid-year-2025-report-counts-23446-new-residential-and-hotel-unit-filings-from-january-through-june.html