Large New York Office-to-Residential Conversion Lands $536 Million Loan

By bhhsbowen December 22, 2022 CoStar News 0 comments

Owners of 25 Water St. in lower Manhattan have landed a $536 million loan to redevelop the office building into a 1,300-unit rental building, depicted in a rendering. (CetraRuddy)
Plan Involves Converting 25 Water St. Into 1,300-Unit Apartment Building