Weekly digestNew YorkWeek of May 18, 2026

New York building permits — week of May 18, 2026

A $51 million office conversion at 80 Broad Street is the week's headline move, signaling continued momentum in Manhattan's financial district repositioning play. NYC Parks dropped $13.5 million on open space at Flushing Meadows, and the School Construction Authority is putting $10 million into a Brooklyn school — together, public-sector spending accounts for a surprisingly large share of this week's $378 million total. With 1,898 permits filed and alteration work dominating at 83% of volume, this is a city grinding through its existing building stock, not racing to build new.

1898

PERMITS FILED

$378.2M

DECLARED VALUE

-1%

VS PRIOR WEEK

1579

ALTERATION

Top permits this week

80 BROAD STREET MANHATTAN

$51,000,000

Alteration CO

BSD 80 Broad LLC is pouring $51M into a major certificate-of-occupancy alteration at this landmark Financial District office tower — likely a conversion or significant repositioning.

ZIP 10004

41 SEAVER WAY QUEENS

$13,452,918

Alteration

NYC Parks is investing $13.5M into open space improvements at Citi Field's surrounding parkland in Queens — one of the larger public green-space permits filed this year.

ZIP 11368

1390 WILLOUGHBY AVENUE BROOKLYN

$10,000,000

Alteration

The School Construction Authority is spending $10M to gut and renovate a Brooklyn school from basement to roof — a full-building overhaul across five levels.

ZIP 11237