Manhattan, the heart of New York City, is known for its iconic skyline, bustling streets, and diverse neighborhoods. Over the years, the city has undergone numerous transformations to accommodate its growing population and changing real estate market. One of the most popular trends in Manhattan is office to residential conversions, where old office buildings are repurposed into residential apartments. These conversions have become increasingly popular due to the high demand for housing in the city and the limited availability of land for new construction. In this article, we will take a look at the top 10 office to residential conversions in Manhattan.
1. The Woolworth Building
Located at 233 Broadway in Lower Manhattan, the Woolworth Building is one of the most iconic skyscrapers in the city. Originally built in 1913 as an office building, it was converted into luxury residential apartments in 2014. The building now features 33 exclusive units with breathtaking views of the city and state-of-the-art amenities.
2. The Plaza Hotel
Situated at 768 Fifth Avenue in Midtown Manhattan, The Plaza Hotel is a historic landmark that has been transformed into luxury condominiums. The hotel, which first opened its doors in 1907, now offers residents elegant living spaces, unparalleled service, and access to the hotel’s world-class amenities.
3. One Wall Street
Located in the Financial District, One Wall Street was once home to offices of major financial institutions. The building has been converted into a mixed-use development with luxury condominiums, retail spaces, and amenities such as a fitness center, pool, and rooftop terrace.
4. The Park Avenue Armory
Originally built in the late 19th century as a military facility, the Park Avenue Armory has been transformed into a cultural institution with event spaces, galleries, and artist studios. The armory now also offers luxury residential apartments, making it a unique and sought-after living space in Manhattan.
5. 70 Pine Street
Once the headquarters of AIG, 70 Pine Street has been converted into a residential building with over 600 apartments, a rooftop bar, and a fitness center. The building’s Art Deco architecture and prime location in the Financial District make it a desirable place to live in Manhattan.
6. The Apthorp
Built in 1908 on the Upper West Side, The Apthorp was originally designed as a luxury apartment building. Over the years, it was converted into office spaces and later restored to its original grandeur as a residential building. The Apthorp now offers residents spacious apartments, a landscaped courtyard, and a fitness center.
7. 10 Madison Square West
Located at 1107 Broadway in the Flatiron District, 10 Madison Square West was once the International Toy Center. The building has been converted into luxury condominiums with high-end finishes, floor-to-ceiling windows, and views of Madison Square Park.
8. The Beekman Residences
Originally a 19th-century office building, The Beekman has been transformed into a mixed-use development with a luxury hotel, residential apartments, and retail spaces. The building’s historic architecture, elegant interiors, and convenient location in the Financial District make it a top choice for those seeking a sophisticated urban lifestyle.
9. The Greenwich Lane
Situated in the West Village, The Greenwich Lane is a collection of luxury condominiums built on the site of the former St. Vincent’s Hospital. The development includes five buildings, lush landscaped gardens, a fitness center, and a swimming pool. The Greenwich Lane offers residents a serene retreat in the heart of Manhattan.
10. One Vandam
Located in SoHo, One Vandam was originally built as an office building in the 1950s. The building has been converted into luxury condominiums with modern interiors, private terraces, and views of the city skyline. One Vandam offers residents a chic urban living experience in one of Manhattan’s most vibrant neighborhoods.
In conclusion, office to residential conversions in Manhattan have become a popular way to repurpose old buildings and meet the growing demand for housing in the city. These conversions offer residents the opportunity to live in unique and historic spaces with modern amenities and prime locations. The top 10 office to residential conversions in Manhattan highlighted in this article showcase the diversity and innovation of real estate development in the city. Whether you are looking for a luxury penthouse, a historic landmark, or a chic urban retreat, there is a converted office building in Manhattan to suit your lifestyle and preferences.
We recently brokered two key office-to-residential transactions that exemplify this trend:
🔹 101 Greenwich Street – A landmark 26-story Financial District office tower is now being converted into residential use. (*https://www.skylineprp.com/101greenwich
BGO Quantum Pacific Commercial Observer
🔹 6 East 43rd Street – Located just off Fifth Avenue in Midtown, this office asset is being transformed into a full-service hotel with extended stay capabilities. This meets the growing demand for hybrid residential-hospitality offerings. (*https://www.skylineprp.com/6e43
Vanbarton Group LLC The Real Deal
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Skyline Properties is a boutique investment sales advisory firm headquartered in Manhattan. Our primary focus is on identifying “quiet deals,” which entail off-market transactions that offer the seller full discretion while enabling the buyer to acquire high-quality real estate investments.
