New York City halts office-to-resi conversion at 222 Broadway
Three weeks after structural columns buckled at the former Pfizer Building, New York City building officials issued a stop-work order at another office-to-residential conversion. Construction work has been halted over at 222 Broadway, where developer GFP Real Estate is in the process of converting the 32-story tower, a former home to Bank of America and WeWork, into a luxury residential building with nearly 800 units, the Wall Street Journal reported. The shutdown in Lower Manhattan takes place after city inspectors discovered that the project’s contractor, Leeding Builders Group, and the engineering firm, DeSimone Consulting Engineers, failed to report cracks that […]
This article originally appeared on The Real Deal. Click here to read the full story.
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