Inside Metro Loft’s new design for 175 Water Street

AIG’s longtime Financial District headquarters is getting a major overhaul from a company best known for converting offices to residential properties.  Nathan Berman’s Metro Loft Management and prolific office architects Gensler unveiled plans for the 31-story office building at 175 Water Street, which AIG has occupied for more than 20 years. Read the full story… Read more »

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Historic Bank Buildings Get a Second Act

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 »

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Tour: 20 Broad

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 »

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New York’s top 10 residential sales of 2017

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 »

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