235 East 42nd Street Office-to-Residential Conversion
Sector: Mass Transit • Location: New York, United States
Source: InvestmentNews
A Midtown Manhattan tower, the former Pfizer headquarters at 235 East 42nd Street, is undergoing the largest office-to-residential conversion in U.S. history. The project experienced structural issues when two support columns buckled, causing floors to sag and leading to evacuations in nearby buildings. The conversion is financed largely by Madison Realty Capital with a construction loan of approx
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Participants
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Company | Obfuscated Data |
Status
Original status | stalled |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | A Midtown Manhattan tower, the former Pfizer headquarters at 235 East 42nd Street, is undergoing the largest office-to-residential conversion in U.S. history. The project experienced structural issues when two support columns buckled, causing floors to sag and leading to evacuations in nearby buildings. The conversion is financed largely by Madison Realty Capital with a construction loan of approximately $700 million to $720 million, and additional financing from Northwind Group. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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