Pictured: 280 Kent Avenue
New York State

New developments in New York City

51 projects are reshaping New York City through 2031: 21 under construction now and a pipeline that peaks in 2027.

51
Projects in the pipeline
15,985
Residences and hotel keys ahead
21
Under construction now
9
Opening soon
47.5M
Square feet planned
$22.3B
Financing tracked
Why New York City

Leasing is back, and so are residents

New York added about 87,000 residents in the year to July 2024, reaching 8.48 million. Its biggest employers doubled down: JPMorganChase opened its 60-story headquarters at 270 Park Avenue, Google moved 3,000 workers into St. John's Terminal, and Citadel is anchoring a new tower at 350 Park Avenue.

Manhattan leased about 41.9 million square feet of office space in 2025, and availability fell to its lowest level in five years. Meta and Snap took big blocks in the Farley Building and Penn 2, and the city drew 65 million visitors in 2025.

8.48M
Residents in July 2024, up about 87,000 in a year.
65M
Visitors in 2025, generating $84.7 billion in economic impact.
41.9M
Square feet of Manhattan office space leased in 2025, up from 33.3 million in 2024.
13.9%
Manhattan office availability at the end of 2025, the lowest in five years.
Who’s moving here
JPM
JPMorganChaseHeadquarters
Opened its 60-story global headquarters at 270 Park Avenue in October 2025, built for 10,000 employees.
G
GoogleCampus
Opened St. John's Terminal in Hudson Square in February 2024 for 3,000 employees.
DIS
DisneyHeadquarters
Moved ABC News and its East Coast headquarters into 7 Hudson Square between fall 2024 and summer 2025.
AMZ
AmazonOffice
Opened offices for 2,000 employees in the former Lord & Taylor building on Fifth Avenue in 2023.
META
MetaOffice
Leased all 730,000 square feet of office space in the Farley Building in 2020, as Facebook.
CIT
CitadelExpansion
Leased more than 1 million square feet in a planned tower at 350 Park Avenue, financed with a $3.3 billion loan in 2026.
SNAP
SnapOffice
Took about 199,000 square feet across three floors at Penn 2 in 2026.
What’s driving it
Park Avenue rebuilt
JPMorganChase and Citadel are putting new headquarters towers on Park Avenue.
Leasing came back
The fourth quarter of 2025 was Manhattan's strongest for leasing since 2019.
Growing again
Two straight years of population gains after the pandemic losses.
65 million visitors
Tourism generated $84.7 billion in economic impact in 2025.
The next five years

What New York City becomes

Open the calendar
2026
7 projects · 395 homes and keys
+4 more
2027
12 projects · 1,959 homes and keys
+9 more
2028
5 projects · 2,566 homes and keys
+2 more
2029
9 projects · 1,570 homes and keys
+6 more
2030
5 projects · 2,762 homes and keys
+2 more
TMW Intelligence · The outlook

New York City’s build-out peaks in 2027, when 12 projects are due, and Related Companies alone has 4 in the pipeline.

Delivering by the end of 2027
19
Projects due this year and next
Busiest year ahead
2027
12 projects due
Under construction now
21
Cranes up today
Projected pricing at delivery
Where New York City prices out
The submarket median at delivery, and the modeled projects behind it.
Projected pricing · submarket median at delivery TMW Projection
$1,850 / sq ft band $1,600 – $2,100 6 modeled projects
Brands arriving

Who’s planting a flag

The map

Where it’s rising

Open the map
The pipeline

What’s being built

By stage

Announced18Breaking ground3Under construction21Opening soon9Open9

By type

Residences28
Hotel10
Mixed-Use8
Office8
Travel2
Everything else4
Tallest
95 floors
175 Park Ave
Busiest year
2027
12 projects due
Most active developer
Related Companies
4 projects
Most active architect
Foster + Partners
4 projects
Who’s building it

The firms shaping the city

Every firm
The projects

6 of 60All 60 we’re watching

6 of 60See all 60
Under construction2029
Williamsburg WharfSouth Williamsburg · Residences970 residences · Naftali Group
Under construction2028
The TorchTimes Square · Hotel825 keys · Extell Development
Under construction2027
1710 BroadwayMidtown · Hotel673 keys · RIU Hotels & Resorts
Under construction2028
24-19 Jackson AvenueCourt Square · Residences636 residences · Tavros Capital
Announced
80 West 67th StreetLincoln Square · Mixed-Use430 residences · Extell Development
Announced2030
Bally's BronxThroggs Neck · Hotel500 keys · Bally's Corporation
Opening soon2027
Hotel MetaHudson Yards · Hotel379 keys · Marx Development Group
Announced2032
175 Park AveMidtown East · Mixed-Use200 keys · RXR Realty
Opening soon2027
Viceroy Park AvenueNoMad · Hotel252 keys · Highgate
Under construction2029
One Montague PlaceBrooklyn Heights · Residences136 residences · Landau Properties
Announced
Affirmation TowerHudson Yards · Mixed-Use90 floors · The Peebles Corporation
Announced2029
375 Lafayette StreetNoho · Residences210 residences · Minskoff Equities
Opening soon2026
ParagonHunters Point · Residences182 residences · ZD Jasper Realty
Opening soon2026
Eighty ClarksonWest Village · Residences112 residences · Zeckendorf Development
Announced2027
Ruby New York CityMidtown · Hotel187 keys · Ac Developers
Under construction2032
350 Park AvenueMidtown East · Office62 floors · Citadel
Opening soon2026
262 Fifth AvenueNoMad · Residences26 residences · Five Points Development Group
Under construction2027
The MarqSoHo · Residences99 residences · Trammell Crow Company
Under construction2031
2 World Trade CenterFinancial District · Office55 floors · Silverstein Properties
Under construction2027
The Nell New YorkRockefeller Center · Hotel134 keys · Aspen Hospitality
Under construction2029
625 Madison AvenuePlaza District · Office53 floors · Related Companies
Under construction2028
70 Hudson YardsHudson Yards · Office52 floors · Related Companies
Announced
PENN15Penn District · Office52 floors · Vornado Realty Trust
Under construction2027
550 West 21st StreetWest Chelsea · Residences83 residences · Legion Investment Group
Under construction2029
343 Madison AveMidtown East · Office46 floors · Boston Properties
Announced2031
346 Madison AvenueMidtown East · Office46 floors · SL Green
Announced2029
101 Franklin StreetTribeca · Residences72 residences · Skylight Real Estate Partners
Breaking ground2029
37 West 66th StreetLincoln Square · Residences58 residences · Extell Development
Under construction2028
The Greenwich SpireGreenwich Village · Residences34 residences · Legion Investment Group
Under construction2027
260 East 72ndLenox Hill · Residences60 residences · Sky Equity Group
Announced2029
The Ritz-Carlton Residences, Brooklyn HeightsBrooklyn Heights · Residences62 residences · SomeraRoad
Announced2029
The Ritz-Carlton Residences, Brooklyn HeightsBrooklyn Heights · Residences62 residences · SomeraRoad
Under construction2027
The Wolseley Hotel New YorkTheater District · Hotel76 keys · BJGH
Opening soon2026
Flatiron BuildingFlatiron District · Residences38 residences · The Brodsky Organization
Opening soon2026
Rolex HQMidtown · Mixed-Use30 floors · Rolex SA
Announced2033
German House New YorkTurtle Bay · Office23 floors · Federal Republic of Germany
Opening soon2026
The MylesChelsea · Residences22 residences · Grid Group
Opening soon2026
140 Jane StreetWest Village · Residences15 residences · Aurora Capital
Announced2027
43 Bleecker StreetNoHo · Residences11 residences · Caedes Group
Under construction2027
44 West 8th StreetGreenwich Village · Residences5 residences · T30 Capital
Under construction2027
Etihad ParkWillets Point · Stadium7 floors · New York City Football Club
Breaking ground2030
The Tang Wing at The MetUpper East Side · Museum5 floors · The Metropolitan Museum of Art
Under construction2030
JFK (Expansion)Jamaica · TravelJFK Millennium Partners
Announced
Park Avenue RedesignMidtown East · ParkNYC Department of Transportation
Announced2034
Penn Station RedevelopmentMidtown · TravelHalmar International
Open
520 Fifth AvenueMixed-Use100 residences · Rabina
Open
Malabar ResidencesMidtown East · Residences145 residences · MRR Development (Anand Mahindra & Rotem Rosen)
Open
RadiantLong Island City · Residences117 residences · New Empire Corporation
Open
255 East 77th StreetLenox Hill · Residences62 residences · Naftali Group
Open
The WillowGramercy Park · Residences69 residences · Naftali Group
Open
The HenryResidences45 residences · Naftali Group
Open
SorinHudson Yards · Residences52 residences · ZD Jasper Realty
Open
Rockaway Ocean ClubRockaway Park · Hotel28 keys · CBSK Developers
Open
Studio MuseumMuseumThe Studio Museum in Harlem
Pro · New York City

54 more projects

Pro shows all 60Live status, delivery dates, units, and the developer and architect on every one.

See all 60
How it compares
New York City vs. comparable markets
Markets with a similar number of projects in our database, side by side with modeled pricing.
From the Journal
Our coverage of New York City
The latest stories from the projects shaping the city.
By type

Explore New York City

Common questions

Frequently asked

What new developments are coming to New York City?
60 new developments across 8 categories — 21 under construction, 3 breaking ground, 9 opening soon, and 18 just announced. See the live map for every project.
What is under construction in New York City?
21 projects are currently under construction in New York City across every category we track. Each links to a live status page with milestones, renderings, and journal coverage.
What projects are opening soon in New York City?
9 projects in the New York City pipeline are flagged Opening Soon — meaning expected opening within ~7 months. Pro members get weekly delivery updates on each.
What projects have just been announced for New York City?
18 projects are in the announced phase for New York City — meaning a developer has publicly committed but construction has not yet begun.
What kinds of new projects are being built in New York City?
The New York City pipeline is dominated by Residences (28), Hotel (10), Office (8). Each category has its own dedicated landing page — explore the "More project types in New York City" section above.
Who is the biggest developer in New York City?
Related Companies leads New York City with 4 active projects across categories. Their firm page shows every market they're building in.
What is the tallest project planned in New York City?
175 Park Ave at 95 floors — currently Announced. Open the project page →
How many residential units are being added across New York City?
Across the active New York City pipeline, the developments we track will add 12,349 residential units. Pro members get the unit count by neighborhood and project type.
When will the next wave of New York City projects open?
Delivery dates across the active New York City pipeline run from 2025 through 2034. Pro members get the TMW Forecast on every project as dates move.
What are the most-watched new projects in New York City?
Our editors flag the highest-profile projects as Featured. The current New York City Featured set: Hudson Yards West. Each is marked with the TMW twinkle in the pipeline grid above.
How often is the New York City development data updated?
Hourly. Our map and every market page (including this one) rebuild from our database every hour, so a status change confirmed today shows up here within ~60 minutes. Editorial follow-ups land in the journal within the day.
Who is financing new construction in New York City?
We track 35 disclosed construction loans in New York City totaling $23.3B. The largest: 80 West 67th Street ($3.8B), 350 Park Avenue ($3.3B), Hudson Yards West ($2B). Every deal, by market, is on our Capital page.
What is being built in New York City, by status?
Pipeline by status

The New York City pipeline, status by status

21 projects under construction in New York City

See all 21 on the map →

3 projects breaking ground in New York City

9 projects opening soon in New York City

See all 9 on the map →

18 projects just announced for New York City

See all 18 on the map →

9 projects now open in New York City

See all 9 on the map →

About the New York City pipeline

The New York City pipeline

We're tracking 60 new developments in New York City across every category — including Residences (28), Hotel (10), Office (8). Every project below links to a live status page with milestones, renderings, and our journal coverage.

Right now: 21 under construction, 3 breaking ground, 9 opening soon, and 18 newly announced.

Most active developer across the New York City pipeline: Related Companies with 4 projects.

How we built this list

Every project on this page is from our live database of new and under-construction developments worldwide. We add a project only after we can confirm it from a public filing, an official announcement, or independent reporting; status changes (breaking ground, topping out, opening) are sourced the same way and timestamped. Pro members get full access to TMW Intelligence’s prediction modeling, Dashboard data compilation, Pulse notifications, personalized notifications, comparison view, watchlists, and more.

Pro · New York City

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