He’s been called the King of FiDi with over 2200 apartments under his management. The founder and principal of Metro Loft Management, Nathan Berman specializes in transforming landmark office buildings into luxury rentals. He recently acquired the leasehold for 20 Broad Street, the former New York Stock Exchange building, and plans to convert it to white-glove rental… Read more »
READ MORENathan Berman’s Metro Loft has found a buyer for its $54 million penthouse at 443 Greenwich Street in Tribeca. The triplex was put under contract last week, according to Olshan Realty’s weekly market report, which said the ultra-luxe condo was one of 28 contracts signed at $4 million and up. Read the full story… Read more »
READ MOREPlans for the conversion of the former New York Stock Exchange (NYSE) building at 20 Broad Street have now been unveiled, The Real Deal reports. Development firm, Metro Loft Management intends to convert the office building into 521 luxury rental apartments with five floors of retail. In addition, the developer will also add six stories to the… Read more »
READ MORENew details have emerged on Nathan Berman’s purchase of the leasehold at the former New York Stock Exchange building at 20 Broad Street in the Financial District, including the lenders and the final price: $185 million. Read the full story here.
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Nathan Berman’s Metro Loft rental conversion company has closed on the purchase of the long-term leasehold of the former New York Stock Exchange offices at 20 Broad Street. The price was $185 million. Deutsche Bank is the lender while the Vanbarton Group has provided preferred equity. Read the full story here.
READ MOREMetro Loft Management’s book bindery-turned-condos at 443 Greenwich Street in Tribeca will be crowned with a $53 million penthouse. Read the full story here.
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Sitting last week in his spacious 11th-floor office at 20 Exchange Place, one of his more recent downtown office-to-residential conversions, Nathan Berman had reason to be happy. Read the full story here.
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The lovely Art Deco skyscraper at 70 Pine Street has had as rough a few years as its former owner. The Financial District tower was acquired by AIG in 1976, then losses in the economic crisis led AIG to its infamous $183 billion dollar bailout. To recoup some of that money, the company had to… Read more »
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JOHN STREET, a narrow sliver that runs just eight blocks from Broadway to the South Street Seaport, has been the site of a large number of the office-to-residential conversions in the financial district. Now, one of its last remaining office towers has been tapped to become a rental building. Read the full story here.
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