According to the New York City Department of Buildings, the number of "stalled" buildings in the city is 395, of which 68 are in Manhattan.
The department began posting a weekly updated list of such "stalled" buildings this month. The list is compiled by a five-person task force in the department.
An article by Elizabeth Harris in the July 17, 2009 edition of The New York Times indicated that the July 8 figure of "stalled" buildings was 362.
The task force was created in February and recently a bill was introduced at the City Council that would give extensions on building permits to developers who adhere to certain standards of safety and maintenance at sites "stalled" by the financial crisis. Building permits normally expire after 12 months of inactivity and the bill that was introduced would give developers a renewable two-year permit, giving them, according to Ms. Harris's article, "up to four years to get their financing in order."
Among the Manhattan sites now considered "stalled" by the Department of Buildings are 442 West 42nd Street, 605 West 42nd Street, 50 West Street, 5 Franklin Place, 1107 Broadway, 309 Fifth Avenue, 25 Broad Street, 56 Leonard Street, 475 Park Avenue South, 15 Renwick Street, 511 Ninth Avenue, and 11 West 125th Street.
The department began posting a weekly updated list of such "stalled" buildings this month. The list is compiled by a five-person task force in the department.
An article by Elizabeth Harris in the July 17, 2009 edition of The New York Times indicated that the July 8 figure of "stalled" buildings was 362.
The task force was created in February and recently a bill was introduced at the City Council that would give extensions on building permits to developers who adhere to certain standards of safety and maintenance at sites "stalled" by the financial crisis. Building permits normally expire after 12 months of inactivity and the bill that was introduced would give developers a renewable two-year permit, giving them, according to Ms. Harris's article, "up to four years to get their financing in order."
Among the Manhattan sites now considered "stalled" by the Department of Buildings are 442 West 42nd Street, 605 West 42nd Street, 50 West Street, 5 Franklin Place, 1107 Broadway, 309 Fifth Avenue, 25 Broad Street, 56 Leonard Street, 475 Park Avenue South, 15 Renwick Street, 511 Ninth Avenue, and 11 West 125th Street.
Architecture Critic
Carter Horsley
Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.
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