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.
Categories
Recent Posts
DOJ launches criminal investigation into camps owner Simad
Holdings, David and Michael Shabsels
Deal Diary: 9 Years, 39 Doors, and $20K a Month in Cash
Flow—Here’s How Jefferson Simmons Built His Portfolio
One Rental Property Saved Me From My 100-Hour
Workweeks
The “Repeatable” Strategy That Helped Him Buy 6 Rentals in 6
Months (Working 9-5)
Cash Flow vs. Appreciation: What Should Beginners Focus on?
(Rookie Reply)
6 Reasons Why Buyers Walk Away After Touring a Home
Location vs Property Size: What Matters More When Buying a
Home?
Low-Maintenance Living: Top Features That Make a Home Easier
to Maintain
Rybak bucks 485x slump with 500-unit Coney Island
development
