{"id":307891,"date":"2026-07-28T19:19:21","date_gmt":"2026-07-28T19:19:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/307891\/"},"modified":"2026-07-28T19:19:21","modified_gmt":"2026-07-28T19:19:21","slug":"222-broadway-conversions-stop-work-order-not-tied-to-safety-issues-developer-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/307891\/","title":{"rendered":"222 Broadway Conversion\u2019s Stop-Work Order Not Tied to \u2018Safety Issues\u2019: Developer \u2013 Commercial Observer"},"content":{"rendered":"

New York City\u2019s office-to-residential conversion wave hit another snag less than a month after columns buckled<\/a> during an apartment transformation project at the former Pfizer headquarters in Midtown.\u00a0<\/p>\n

Construction was halted last week by New York City\u2019s Department of Buildings (DOB) at 222 Broadway in the Financial District, where GFP Real Estate<\/a> is converting<\/a> the former 31-story office building into a 788-unit luxury apartment tower.<\/p>\n

SEE ALSO: Can Nithya Raman Make L.A. a City of Yes?<\/a><\/p>\n

The Wall Street Journal first reported<\/a> the stop-work order, which was issued after city inspectors determined the project\u2019s contractor, Leeding Builders Group<\/a>, and engineering firm, DeSimone Consulting Engineers<\/a>, did not immediately disclose cracks formed on the Lower Manhattan building\u2019s newly added 32nd floor.<\/p>\n

A GFP spokesman said the top-floor cracks were discovered in March and quickly repaired. The building is stable, with the project\u2019s shutdown stemming from when the damage should have been reported and is not tied to \u201csafety issues,\u201d the spokesman said. The developer said leasing is underway and it expects to complete the project within a year.\u00a0<\/p>\n

\u201cOur structural engineers immediately identified and addressed this issue in March upon inspection and we subsequently had the proposed repairs reviewed by a third-party structural inspector to ensure that it was safely completed,\u201d the GFP spokesman said. \u201cAt no point during construction has the building\u2019s stability been compromised.\u2019\u00a0<\/p>\n

The 222 Broadway project is among a series of office-to-resi projects throughout New York City totaling more than 16,000 units. Despite the headlines resulting from MetroLoft and David Werner Real Estate Investment\u2019s Pfizer building conversion, the nation\u2019s largest office-to-resi project, capital investments in these projects is not expected to slow, Commercial Observer reported<\/a> last week.<\/p>\n

Leeding Builders Group, DeSimone Consulting Engineers and DOB didn\u2019t immediately return requests for comment.<\/p>\n

Andrew Coen can be reached at acoen@commercialobserver.com<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"New York City\u2019s office-to-residential conversion wave hit another snag less than a month after columns buckled during an…\n","protected":false},"author":2,"featured_media":307892,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[48050,9,11,10],"class_list":["post-307891","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-222-broadway","tag-new-york","tag-new-york-headlines","tag-new-york-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/307891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=307891"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/307891\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/307892"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=307891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=307891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=307891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}