Hell's Kitchen One Of Most 'Apartment-Crazed' Areas In US: Study

HELL'S KITCHEN, NY — It's no secret that new buildings are popping up everywhere in Hell's Kitchen. Now, a report reveals that the area is building at a faster pace than almost any neighborhood in the nation.

A new study by RentCafe ranks Hell's Kitchen as the 13th-most "apartment-crazed" neighborhood in the United States, based on an analysis of new construction. The study examined Census data between 2017 and 2021 for new buildings containing at least 50 units.

It found that Hell's Kitchen has added 3,189 new apartments in large buildings over the past five years — accounting for 19 percent of the city's total growth during that period.

Of the top 20 fast-developing neighborhoods revealed by the study, most were in "hyper-urban" parts of their respective cities, researchers found — suggesting that bustling, centrally located areas favored by younger residents are most in-demand.

Only two New York City neighborhoods built more large housing developments in that span: the Hunters Point area of Long Island City, and Downtown Brooklyn, which came in third and 11th on the list, respectively. The number one overall spot went to Downtown Los Angeles, where well over 10,000 apartments were built.

The pace of new construction in Hell's Kitchen likely comes as no surprise for residents. Other data from the newly-released 2020 Census showed that the neighborhood gained 13,600 residents since 2010, thanks in part to new housing being built.

For example, one census tract between 42nd and 46th streets, west of 10th Avenue, added 2,900 new homes during that decade, gaining 4,600 people. Only five city-designated neighborhoods grew their populations at a faster clip since 2010.

As it got bigger, Hell's Kitchen also grew more diverse, falling from 56.4 percent white in 2010 to 49.5 percent by last year. The neighborhood's fastest-growing ethnic groups included Asians (74 percent) and Black residents (45 percent).

Related Hell's Kitchen coverage:

• Hell's Kitchen Gained 13,600 People, Got More Diverse This Decade
• Here's Where Midtown, Hell's Kitchen Grew The Most Since 2010
  
• Midtown Has Highest Vacancy Rate In NYC, Census Data Shows