Largest Office-to-Resi Conversion Project in US History Tops Out in FiDi

Construction has reached its peak on 25 Water Street, a significant project in Manhattan’s Financial District. The endeavor involves converting a 22-story office building into a 32-story residential complex, marking a remarkable transformation. The project, undertaken by CetraRuddy architects and spearheaded by GFP Real Estate, Metro Loft Management, and Rockwood Capital, includes adding ten stories above the existing structure, replacing much of the old facade with a modern glass design, and renovating the interiors to accommodate 1,300 rental units.

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