Metro Loft News Today

Harry Styles, Jennifer Lawrence, and Meg Ryan have owned units in the luxury property.

New York mayor Eric Adams has been pushing for residential overhauls to address city’s severe housing shortage, especially where office vacancies have soared.

John Cetra of CetraRuddy shares details about one of New York City's largest residential conversion taking shape at 55 Broad St.

The White House is opening up $45 billion in federal funds to developers looking to turn big-city office buildings into homes.

A bellwether overhaul of the aging Emery Roth & Sons-designed 55 Broad Street office tower in Lower Manhattan will be undertaken by CetraRuddy in what is billed as one of the New York market’s largest office-to-residential conversion projects in recent memory. The project for developers...

Banco Inbursa provided financing to transform this Financial District office tower into luxury apartments. Metro Loft and Silverstein Properties’ latest office-to-residential project in Manhattan’s Financial District has secured a major conversion loan.

Silverstein Properties and Metro Loft Developers nabbed a $220 million loan for an office-to-residential conversion of 55 Broad Street.

Globally there is a slow road to recovery in the office market lead by shifting needs from end users, with owners, investors, and lenders reevaluating strategies taking into account interest rate and valuation concerns. A change has been the focus on wellbeing and work-life balance.

Post-pandemic, with some level of remote work here to stay, the global real estate industry is tracking an unprecedented reassessment of the office asset class. To paraphrase Mark...

More transactions are probably on the horizon, as existing owners who are strapped for cash and struggling with soaring borrowing costs look to offload their buildings at a discount.