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Financial District Transforms: Office Buildings into Apartments

1/12/2026

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Summary

Story summary

The office building at 40 Fulton Street is set for residential conversion, sparking interest in Financial District conversions.
Completed conversions at 25 Water Street and ongoing work at 222 Broadway show recent activity.
A joint venture recently acquired the long-vacant 75–83 Nassau Street lot for a new apartment tower.
The 150 William Street building is listed for $200 million and will become mostly vacant as the Administration for Child Services relocates.

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Story summary

The office building at 40 Fulton Street is set for residential conversion, sparking interest in Financial District conversions.
Completed conversions at 25 Water Street and ongoing work at 222 Broadway show recent activity.
A joint venture recently acquired the long-vacant 75–83 Nassau Street lot for a new apartment tower.
The 150 William Street building is listed for $200 million and will become mostly vacant as the Administration for Child Services relocates.