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No hard data here, but it seems like most of the skyscrapers I see going up in Manhattan are luxury residential [1]. I'd assume it's a combination of scarcity o
by mtalantikite 10y ago
No hard data here, but it seems like most of the skyscrapers I see going up in Manhattan are luxury residential [1]. I'd assume it's a combination of scarcity of land, zoning, and project costs. Lately there seems to be a lot of new construction in downtown Brooklyn and many are definitely skyscrapers [2]. Same in LIC.
[1] http://www.amny.com/real-estate/nyc-skyscrapers-tallest-buildings-that-will-change-nyc-s-skyline-1.10427086 http://www.amny.com/real-estate/nyc-skyscrapers-tallest-buil...
[2] http://www.nytimes.com/2016/02/18/nyregion/developers-plan-supertall-1066-foot-tower-brooklyn.html http://www.nytimes.com/2016/02/18/nyregion/developers-plan-s...