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Conversion of 675 Third Ave.

Sector: Commercial • Location: New York, United States

Source: Bisnow

Project
Planned

David Werner and Nathan Berman have secured $90M in financing for the acquisition and predevelopment of 675 Third Ave., a 32-story Class-A office building that will be converted into approximately 430 rental units. This project is part of a broader trend of converting office spaces into residential units in response to the city's housing shortage.

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Project Information

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The project “Conversion of 675 Third Ave.” is an infrastructure initiative in the Commercial sector, located in New York, New York, United States. Taiyo aggregates data on it from Bisnow.

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Participants

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Status

Original status

planned

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Description

Description

David Werner and Nathan Berman have secured $90M in financing for the acquisition and predevelopment of 675 Third Ave., a 32-story Class-A office building that will be converted into approximately 430 rental units. This project is part of a broader trend of converting office spaces into residential units in response to the city's housing shortage.

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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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