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    Home»Real Estate News»GFP’s office-to-resi conversion at 222 Broadway halted

    GFP’s office-to-resi conversion at 222 Broadway halted

    Team_WorldEstateUSABy Team_WorldEstateUSAJuly 27, 2026No Comments2 Mins Read
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    Three weeks after structural columns buckled on the former Pfizer Constructing, New York Metropolis constructing officers issued a stop-work order at one other office-to-residential conversion.

    Development work has been halted over at 222 Broadway, the place developer GFP Actual Property is within the strategy of changing the 32-story tower, a former residence to Financial institution of America and WeWork, right into a luxurious residential constructing with practically 800 items, the Wall Street Journal reported.

    The shutdown in Decrease Manhattan takes place after metropolis inspectors found that the venture’s contractor, Leeding Builders Group, and the engineering agency, DeSimone Consulting Engineers, didn’t report cracks that had developed in two concrete beams on the constructing’s newly added prime ground.

    The cracks on the thirty second ground initially appeared in March and have been promptly repaired, in line with a GFP spokesman. The developer declined to remark to the publication on whether or not the added weight from the brand new rooftop options contributed to the beam cracks. The contractor and the engineers determined the injury was minor and didn’t report it to town.

    A disagreement over when the injury ought to have been reported, not “issues of safety of any sort,” is the one motive for the venture’s shutdown, in line with GFP. The constructing is steady, the developer stated.

    The Division of Buildings is at the moment reviewing engineering experiences for 222 Broadway and won’t carry the halt till security is assured, the company instructed WSJ. Regardless of the delay, GFP expects to finish the venture throughout the subsequent 12 months, with condominium leasing already underway.

    The enforcement at 222 Broadway is a part of a broader inspection blitz by the DOB, triggered earlier this month with a potential partial collapse at one other large office-to-apartment conversion on the former Pfizer headquarters in Midtown. On July 7, two metal columns collapsed within the Metroloft’s 37-story tower at 235 East forty second Avenue.

    Every week later, town despatched constructing security inspectors throughout 5 boroughs to conduct safety reviews of unidentified building websites.

    — Simon Galkevich

    Learn extra

    Building Department inspecting other construction sites after Pfizer Building debacle


    Metro Loft's Nathan Berman with 235 East 42nd Street

    Meet the developers behind the Pfizer building conversion 


    MetroLoft's Nathan Berman and 235 East 42nd Street

    David Werner, MetroLoft’s Pfizer HQ at risk of collapse






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