Downtown

61 Broadway. Image courtesy of CoStar Group.

61 Broadway Readies for 796-Unit Office-to-Residential Conversion in Financial District, Manhattan

8:00 am on March 8, 2026 By Michael Young and Matt Pruznick

Work is expected to begin later this month on the office-to-residential conversion of 61 Broadway, a 33-story tower in Manhattan’s Financial District. Designed by CetraRuddy and developed in a joint venture between RXR and One Investment Management, the project will yield 796 rental apartments, with roughly 200 set aside for affordable housing, along with 40,000 square feet of amenities. The 670,000-square-foot building was originally designed by Francis Kimball in 1913 for the Adams Express Company and is bounded by Exchange Ally to the south, Broadway to the east, and Trinity Place to the west.

$40 Million Refinancing Secured For 99 Hudson Street In Tribeca, Manhattan

7:00 am on March 3, 2026 By Max Gillespie

JLL Capital Markets has arranged a $40 million refinancing for 99 Hudson Street, a 183,958-square-foot office building in Tribeca, Manhattan. The borrower is an affiliate of Olshan Properties, a privately held real estate investment firm. Built in 1930, the 17-story Class B office building has been owned by Olshan since 1983. The property is located at the corner of Hudson and Franklin Streets.

8 Carlisle Street. Designed by Handel Architects.

8 Carlisle Street Rises Higher Above Manhattan’s Financial District

8:00 am on March 2, 2026 By Michael Young and Matt Pruznick

Construction is rising quickly on 8 Carlisle, a 64-story residential skyscraper at 8 Carlisle Street in Manhattan’s Financial District. Designed by Handel Architects and developed by Grubb Properties and Pink Stone Capital, the 789-foot-tall structure will span 326,221 square feet and yield 462 residential units. The project will also include 7,000 square feet of ground-floor retail space and a 60-foot-long rear yard. The property is alternately addressed as 111 Washington Street and located at the corner of Washington and Carlisle Streets, just south of the World Trade Center complex.

121 East 7th Street. Designed by George Architect PLLC.

Residential Conversion, Expansion Approved for 121 East 7th Street in Manhattan’s East Village

7:30 am on March 1, 2026 By Michael Young and Matt Pruznick

The Landmarks Preservation Commission has approved plans for a church-to-residential conversion at 121 East 7th Street in Manhattan’s East Village. Designed by George Architect PLLC, the project will involve an upper-level expansion to the 64-foot-tall structure and will yield eight homes and nearly 2,400 square feet of community facility space. Historic elements of the church’s façade will also be restored. The property is located between Avenue A and First Avenue near Tompkins Square Park.

2 World Trade Center. Rendering courtesy of Foster + Partners.

2 World Trade Center to Resume Construction in Financial District, Manhattan

8:00 am on February 26, 2026 By Michael Young and Matt Pruznick

Construction will soon restart on 2 World Trade Center following a commitment by American Express to serve as the anchor tenant for the 1,226-foot Financial District supertall. Designed by Norman Foster of Foster + Partners and developed by Silverstein Properties, the 55-story structure is the final component of the 16-acre World Trade Center complex and is slated to yield 1.95 million rentable square feet. The full-block property is bounded by Vesey Street to the north, Fulton Street to the south, Church Street to the east, and Greenwich Street to the west.

80 West Broadway. Photo by Michael Young.

Demolition Imminent at 80 West Broadway in Tribeca, Manhattan

7:30 am on February 23, 2026 By Michael Young and Matt Pruznick

Demolition is about to get underway at 80 West Broadway, the site of a 14-story mixed-use building in Tribeca, Manhattan. Designed by COOKFOX and developed by Astral Weeks for AW Tribeca Holding, the 145-foot-tall structure will span 90,147 square feet and yield 25 condominium units with an average scope of 2,973 square feet. The project will also include 15,813 square feet of commercial space, a cellar level, and a rooftop terrace, according to permits filed in December. The 5,054-square-foot property is located at the northwest corner of West Broadway and Warren Street.

40 Exchange Place. Image courtesy of 40 Exchange.

40 Exchange Place Readies for 382-Unit Office-To-Residential Conversion in Financial District, Manhattan

7:30 am on February 17, 2026 By Michael Young and Matt Pruznick

Work is about to begin on the office-to-residential conversion of 40 Exchange Place, a 20-story commercial building in Lower Manhattan’s Financial District. Designed by Tuller McNealus Feld and developed by GFP Real Estate, the project will repurpose the structure’s 300,000 square feet into 382 rental apartments. The project will also include ground-floor retail space. A portion of the residential offering will be dedicated to affordable housing. The property is located at the intersection of Exchange Place and William Street.

Perplexity Signs New Lease Spanning 22,000 Square Feet at 841, 853 Broadway in Union Square, Manhattan

7:00 am on February 17, 2026 By Max Gillespie

AI company Perplexity has expanded its office footprint in Manhattan’s Union Square, signing a new lease that brings its total occupancy to 22,000 square feet across 841 and 853 Broadway. The company, which initially leased the entire fourth floor of 853 Broadway in June, has now secured the fourth floor of the adjoining 841 Broadway, also known as the Roosevelt Building. The Feil Organization, owner of both buildings, will remove the dividing wall to create a contiguous full-floor office space. The properties are located between East 13th and 14th Streets, just south of Union Square Park.

Financing Secured For Campos Plaza II Renovation In East Village, Manhattan

7:30 am on February 11, 2026 By Max Gillespie

The New York City Housing Authority (NYCHA) has closed on $92.5 million in financing for the renovation of Campos Plaza II, a two-building residential development in Manhattan’s East Village. The project, part of NYCHA’s Permanent Affordability Commitment Together (PACT) initiative, will modernize 224 apartments housing more than 450 residents. Development partners L+M Development Partners, Type A Projects, and Henge Development will lead the rehabilitation.

50-58 Cliff Street. Rendering courtesy of Settlement Housing Fund.

Renderings Reveal All-Affordable Housing Tower at 50–58 Cliff Street in Manhattan’s Financial District

8:00 am on February 7, 2026 By Michael Young and Matt Pruznick

Preliminary renderings have been revealed for 50–58 Cliff Street, a planned 24-story all-affordable residential tower on the border of Lower Manhattan’s Financial District and Seaport District. Designed by Dattner Architects and developed in a joint venture between the property owner Trinity Church and Settlement Housing Fund, the structure is slated to yield 120 below-market rental units, with 18 dedicated to formerly homeless individuals. The nearly $70 million project would also include ground-floor social services. The 6,000-square-foot property is located near the corner of Cliff and Fulton Streets.

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