NYC multifamily filings spike to 12-year high
April 6, 2026
The Real Deal
Developers flooded the city’s Department of Buildings with multifamily plans last month, pushing filings to their highest level in more than a decade. Builders submitted applications for 11,984 apartment units in March, the largest monthly total in 12 years, according to a PincusCo analysis of DOB data. That’s the second-highest monthly tally in the past two decades, underscoring a sharp rebound in development activity despite lingering headwinds.
The surge was driven largely by new construction. Developers filed plans for 11,189 units across 137 new building applications, while another 795 units came from 14 conversion projects. The last time filings reached []This article originally appeared on The Real Deal. Click here to read the full story.
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