NYC Building Scare Shows Challenges of Converting Offices to Housing
When two steel columns buckled last week inside the former Pfizer headquarters in midtown Manhattan, the scare prompted…
Damaged Manhattan Tower Owner to Reconstruct 15 Floors After Evacuation
The developer behind the Midtown Manhattan tower that was evacuated over structural concerns Tuesday says it has a…
‘Failures happen during construction’: Office-to-residential conversions are all over NYC, but failures usually get fixed before they get worse
The building at the center of this week’s Midtown scare is the former Pfizer world headquarters at 235…
NYC Is Racing to Secure Unstable Midtown Manhattan Building
New York City officials were racing to stabilize a high-rise building in the heart of Manhattan after cracks…
Developer Downplays Structural Concerns at ‘Unstable’ Midtown Manhattan Tower
The structural concerns that led New York City officials to shut down a Midtown Manhattan high-rise and evacuate…
The N.Y. Deal Sheet (January 27, 2026)
The Moinian Group landed new debt to pay off a distressed loan on two mixed-use Fifth Avenue buildings — but not without having to throw…
The N.Y. Deal Sheet (December 23, 2025)
InterVest Capital Partners and Metro Loft have scored an $867M conversion loan to turn a formerly troubled Financial District office…