Manhattan Commercial Building Permits

Manhattan Monthly Commercial Building Permits are below 1990 levels

Tenants moving out and new ones not moving in.

Paul Mangione
Fort Schuyler Advisors


The data are almost certainly wrong.

NYC DOB moved from the BIS system to the DOB Now system, but the records can be filed in either system. Yes, in the BIS system, permits have plummeted, but that’s by design. There will be 0 permits in BIS within a year or two, once everything is migrated. Per the U.S. Census (which aggregates from both databases), NYC building permits rose in 2021 over immediate preceding years, but the chart shows the opposite. I bet they’re pulling from BIS only. I don’t think it’s possible to scrape data from DOB Now (yet).

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