August 28, 2019 | Forbes
As the Manhattan sales market continues to slow, developers in the area are seeing a growth in the luxury rental space, and are following through by building rental properties that have condo-level amenities and activities that go beyond a wine and cheese hour. Read the full story here.
August 16, 2019 | The Real Deal
Nathan Berman’s Metro Loft Management – the firm responsible for converting a number of the Financial District’s office towers into residential buildings – has his sights set on AIG’s headquarters for its next big project. Read the full story here
April 19, 2019 | New York Times
New developments across the city are repurposing the opulent spaces where New Yorkers once deposited their savings. The fate of the soaring, palatial and utterly impractical Dime Savings Bank in Downtown Brooklyn was inevitable. The 16,750-square-foot, 40-foot-tall chamber, with seven kinds of marble flooring, a vaulted-tile dome and Corinthian columns, closed in 2016, a victim… Read more »
March 23, 2019 | Elle Decor
Once a part of the New York Stock Exchange, 20 Broad, in New York City’s Financial District, has been reimagined by architecture firm Cetra Ruddy into luxury residences. The design of the 533-unit, 29-story building gives nods to the midcentury modern style popular at the time it was built in 1956 and features desirable amenities from… Read more »
December 19, 2018 | Field Condition
Construction is wrapping up at Metro Loft Developers’ 20 Broad Street office-to-residential conversion in the Financial District. The 1956 tower served as the New York Stock Exchange headquarters before the recent conversion and expansion into a residential rental building. CetraRuddy has led the renovation of the 29-story tower, which will offer 533 units ranging from… Read more »
October 23, 2018 | NY Post
Downtown developers are transforming three former financial buildings into luxury condos that cater to the Wall Street crowd — quite literally — with vaults repurposed as swanky speakeasies, wine cellars and game rooms. Read the full story here.
September 5, 2018 | Curbed NY
A little over a year after the former headquarters of the New York Stock Exchange were cleared for a luxury conversion, leasing is now underway on the 29-story building’s 533 rentals. The conversion was undertaken by MetroLoft Developers, which roped in CetraRuddy to reimagine the interiors of this large Financial District building. Read the full story… Read more »
March 5, 2018 | New York Yimby
The recently completed office-to-residential conversion of 180 Water Street has officially leased 95% of its residential units. Located in the Financial District, the Metro Loft-developed property only has 25 vacant apartments remaining. Read the full story here.
December 20, 2017 | The Real Deal
Price matters. That’s the takeaway from a look at the 10 priciest residential sales of 2017. Like years past, the list was dominated by new developments. But 2017’s most expensive deals also included several resales with major price chops. Take the Pierre’s triplex penthouse that finally sold for $44 million after asking $125 million, and… Read more »
July 25, 2017 | Mansion Global
A luxury condo and magnet for celebrity buyers in Tribeca has upped the prices of its few remaining units—even as price cuts dominate the rest of New York City’s luxury market. Read the full story here.