Pfizer Building Conversion Structural Remediation
Sector: Commercial • Location: New York, United States
Source: CoStar
The Pfizer Building in midtown Manhattan, originally the former Pfizer headquarters, is undergoing a conversion to apartments. Structural issues were discovered involving buckled columns and sagging floors, affecting fewer than 30 apartments out of 1,600 planned units. Developers MetroLoft and David Werner Real Estate Investments plan to fully rebuild the affected area. The project is under invest
- Status
- Under Construction
- Sector
- Commercial, Residential
- Location
- New York, United States of America
- Updated
- 22 Jul 2026
- Source
- CoStar
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Pfizer Building in midtown Manhattan, originally the former Pfizer headquarters, is undergoing a conversion to apartments. Structural issues were discovered involving buckled columns and sagging floors, affecting fewer than 30 apartments out of 1,600 planned units. Developers MetroLoft and David Werner Real Estate Investments plan to fully rebuild the affected area. The project is under investigation by the New York City Department of Buildings, with ongoing inspections and shoring to stabilize the structure. A full demolition could cost over $100 million, but the developers believe the damage is limited and can be remediated. |
Original sector | Built Sector |
Budget |
Location
Country | United States of America (USA) |
State | New York |
City | New York |
Source
Source | CoStar |
URL |
More Details
Record type | Project |
Sector | Commercial, Residential |
Article published date | 2026-07-11 |
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