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Eric Adams - 2 Steven Paynter - 2 Paynter - 2 Mark Hogan - 2 Charles Bloszies - 2 Hogan - 2 John Cetra - 2 Cetra - 2
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☆ Architects are cutting big holes in the middle of skyscrapers and adding more floors to turn empty NYC offices into apartments
  + stars: | 2023-09-10 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +8 min
A developer and an architect explain how they transformed NYC financial district office buildings. But some developers and architects have used the opportunity to lean into a business model they'd been pursuing long before COVID-19: turning empty office buildings into housing. They're currently finishing up their transformation of 160 Water Street, a 1970s office tower in lower Manhattan that will become 586 apartments. AdvertisementAdvertisementThe exterior of 160 Water Street, a former office building that's undergoing full reconstruction to create nearly 600 market-price apartments. Rent at 160 Water will range from about $3,500 for a studio apartment up to $7,500 for a two-bedroom.
Persons: they'd, They're, Vanbarton, Eric Adams, Joey Chilelli, Robert Fuller, Fuller, Lev Radin, Chilelli, — Organizations: Service, Vanbarton Group, New Locations: NYC, Wall, Silicon, York, Manhattan, New York
☆ Architects explain how they're turning office buildings into apartments with high ceilings and more natural light
  + stars: | 2023-09-04 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +9 min
Steven Paynter, an expert in office-to-residential conversions at the architecture firm Gensler, thinks converted office buildings will be a trendy, new type of housing. Advertisement Advertisement Watch:The renovated exterior of Franklin Tower, a 24-story former office building in downtown Philadelphia that now contains luxury residences. But renovating old office buildings is no simple task. AdvertisementAdvertisementIn some cases, particularly when it comes to postwar high-rises, it's more economical to tear old office buildings down and replace them with new housing, Hogan said. When Gensler renovated Franklin Tower, a vacant 1970s office building in downtown Philadelphia, it fully reconstructed the facade and windows.
Persons: Steven Paynter, Paynter, Robert Deitchler, Mark Hogan, who'd, you've, Charles Bloszies, Hogan, " Hogan, John Cetra, Cetra, Bloszies Organizations: Service, Broad, Coast, Franklin Locations: Wall, Silicon, Manhattan , New York, Philadelphia, San Francisco, Franklin Tower, Manhattan, San Francisco's
☆ Your next apartment could be someone's old cubicle as developers rush to convert empty offices
  + stars: | 2023-08-27 | by ( Eliza Relman | Juliana Kaplan | ) www.businessinsider.com   time to read: +9 min
The mayor of New York City aims to turn old office buildings into 20,000 new apartments. The Manhattan-based architect John Cetra, who has worked on office conversions since the 1980s, calls it "the amenity war." His firm, CetraRuddy, recently announced it's leading the conversion of a 30-story office building, formerly home to Goldman Sachs, in Manhattan's financial district. Adams' goal is to create up to 20,000 new homes for 40,000 New Yorkers in converted office buildings over the next decade. AdvertisementAdvertisementNew York City has already had some success in converting office buildings to homes.
Persons: you'll, they've, everyone's, Steven Paynter, we've, John Cetra, it's, Goldman Sachs, Cetra, Eric Adams, Paynter, He's, who's, Adams, We've, Dan Garodnick, Mark Hogan, Hogan, Charles Bloszies, I've, that's, Bloszies, Garodnick, Arpit Gupta Organizations: Service, CetraRuddy, York, US Department of Housing, Urban Development, Yorkers, New York City's Department of City Planning, San Francisco, Supervisors, New York Stock Exchange, NYU Stern School of Business, Research Locations: New York City, Wall, Silicon, York, San Francisco, Manhattan, Toronto, Calgary , Alberta, York City, Francisco, New York
☆ Bill Gates' daughter reportedly paid $51 million for this NYC penthouse—it comes with 3,400 square feet of outdoor space
  + stars: | 2023-04-04 | by ( Celia Fernandez | ) www.cnbc.com   time to read: +2 min
Bill Gates' eldest daughter, Jennifer Gates, might now be calling a $51 million New York City penthouse home. 443 Greenwich Street is known for being home to other celebrities like Meg Ryan, and Blake Lively and Ryan Reynold. The penthouse apartment is 8,900 square feet and has a 3,400 square-foot outdoor space with a plunge pool. Gates' penthouse apartment is 8,900 square feet and has a 3,400 square-foot outdoor space. 443 Greenwich Street was designed with an indoor courtyard, which is rare for buildings in New York City.
☆ See inside the penthouse Bill Gates' daughter Jennifer reportedly just paid $51M for in a 'paparazzi-proof' NYC luxury building
  + stars: | 2023-02-25 | by ( Britney Nguyen | ) www.businessinsider.com   time to read: +1 min
443 Greenwich Street in Manhattan's Tribeca is home to many celebrities and is known for being 'paparazzi-proof' because of its underground garage. The outside of 443 Greenwich Street in Tribeca. Credit David Sundberg/Esto, Courtesy CetraRuddyCelebrities like Jake Gyllenhaal, Justin Timberlake and Jessica Biel, and Blake Lively and Ryan Reynolds have previously purchased apartments in the building. The underground garage is particularly appealing to those who need to dodge paparazzi. "It has been called 'paparazzi-proof' for its punched windows, original brick masonry façade, and secure drive-in garage access."
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