“Freak accident”: Pfizer building developer denies risk of collapse
The developer behind the conversion of the former Pfizer headquarters in Midtown is speaking out to quell concerns after the massive development site was the subject of an emergency response early Tuesday. Hours after city officials warned of an “extremely dangerous situation” at the in-progress conversion of the former office property, Nathan Berman of MetroLoft said in an interview with The Real Deal that reports of the building’s impending collapse have been “blown a little bit out of proportion,” adding that despite videos of sagging upper floors and buckled support columns, the building “was never at risk of collapse” and […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Where does New York’s development pipeline go from
here?

The problem with Mamdani’s tenant takeover plan

How new dev is transforming the UES

Meg Ryan sells Bridgehampton home to Broadway
producer

Gary Barnett eyeing $3.8B loan for UWS supertall
project

Legion Investment Group, SMA Equities partner on new UES
resi development

Floyd Mayweather drops lawsuit against Jona Rechnitz

Climbing mortgage rates widen NYC’s buyer divide

The Correction Will Get Even More Severe | Sept. 2026
Housing Market Update

You’ve Got a 100% Financing Deal. Do You Take It? (Rookie
Reply)


