According to reports from the New York Business Journal, TPG, a San Francisco-based asset manager, and GFP Real Estate, a developer based in New York City, have announced plans to convert 222 Broadway in Lower Manhattan’s Financial District into 798 apartments. The project is estimated to cost $43.6 million.
The conversion will take advantage of zoning regulations that allow for approximately 600,000 square feet of residential space. However, about 40
About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.
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