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235 East 42nd Street Office-to-Residential Conversion

Sector: Residential • Location: New York, United States

Source: AOL

Project
Under Construction

The project involves converting the former Pfizer headquarters near Grand Central Terminal in Manhattan into roughly 1,600 apartments. The building experienced structural damage with two buckled support columns and sagging floors, which was described as a localized situation affecting less than 30 apartments. The developer has worked with the New York City Department of Buildings to stabilize the

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Project Information

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The project “235 East 42nd Street Office-to-Residential Conversion” is an infrastructure initiative in the Residential sector, located in New York, New York, United States. Taiyo aggregates data on it from AOL.

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Participants

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Status

Original status

under construction

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Contact

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Email

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Address

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Description

Description

The project involves converting the former Pfizer headquarters near Grand Central Terminal in Manhattan into roughly 1,600 apartments. The building experienced structural damage with two buckled support columns and sagging floors, which was described as a localized situation affecting less than 30 apartments. The developer has worked with the New York City Department of Buildings to stabilize the building and has a clear plan to fix the issue. The damage was likely caused by added weight from the ongoing conversion overloading two columns, considered a freak accident. The project is expected to remain on track for its planned 2027 completion.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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