The project will feature more than 100,000ft² of amenities and approximately 30,000ft² of ground-floor retail space.

Largest Financing Ever Secured for an Office-to-Residential Conversion in New York CityNEW YORK, May 26, 2025 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private ...

The 1,602 units at the former Pfizer headquarters will –upon completion— surpass Metro Loft’s 1,300 units it’s developing for another office-to-resi conversion at 25 Water Street in Lower Manhattan.

Metro Loft and David Werner secured a $720 million record loan from Madison Realty Capital for the conversion of the former Pfizer headquarters in Midtown East into a 1,600-unit residential building.

IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, announced today the closing of a $720 million ...

“We are proud to collaborate with Metro Loft, a valued partner, on the transformation of the former Pfizer headquarters, a project that reflects our shared vision and commitment to revitalizing ...

announced today the closing of a $720 million loan to a joint venture between Metro Loft Developers and David Werner Real Estate Investments for the development and conversion of the former Pfizer ...