5 Times Square Office-to-Housing Conversion

Planned

The project involves converting underused office space at 5 Times Square into a mixed-use development with up to 1,250 apartments, including 313 permanently affordable homes for New Yorkers earning up to 80% of the Area Median Income. The development will repurpose nearly 1 million square feet of office space and preserve more than 37,000 square feet of retail space, creating 1,050 studio and 200 one-bedroom apartments with equal access to building amenities for all residents.