Research & Reports
31 Foundation Permit Report, Quarterly New Building Construction Pipeline Reports
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Q3 2024 Construction Pipeline Report
In Q3 2024 there were 326 new building filings, reflecting a 10% increase from Q2 2024 with 297 filings, and a 5% decrease year-over-year. The spike in Q4 2023 is due to 501 of the 734 residential permits being for one- to three family homes in Staten Island, likely driven by compliance with Local Law 154 of 2021, which prohibits the use of fossil fuels for heating and hot water in new one- and two-family homes by January 1, 2024.
Q1 and Q2 2024 Construction Pipeline Report
In Q2 2024, there were 297 new building filings, reflecting a 2% increase from Q1 2024 with 290 filings, and a 21% decrease year-over-year. The spike in Q4 2023 is due to 501 of the 734 residential permits being for 1-3 family homes in Staten Island, likely driven by compliance with Local Law 154 of 2021, which prohibits the use of fossil fuels for heating and hot water in new one- and two-family homes by January 1, 2024. The Q2 2024 filings were 49% below the historical average since 2008.
Foundation Permit Report - March 2024
As part of its efforts to better understand the state of the construction and housing markets, REBNY’s research team is issuing a Multi-Family Foundation Plan Application Report. In this report, REBNY reviews monthly foundation applications submitted to the NYC Department of Buildings (DOB).
Foundation Permit Report - February 2024
As part of its efforts to better understand the state of the construction and housing markets, REBNY’s research team is issuing a Multi-Family Foundation Plan Application Report. In this report, REBNY reviews monthly foundation applications submitted to the NYC Department of Buildings (DOB).
Foundation Permit Report - January 2024
As part of its efforts to better understand the state of the construction and housing markets, REBNY’s research team is issuing a Multi-Family Foundation Plan Application Report. In this report, REBNY reviews monthly foundation applications submitted to the NYC Department of Buildings (DOB).