Can Turning Office Towers Into Apartments Save Downtowns?
The New Yorker
D. T. Max | April 29, 2024
Nathan Berman has helped rescue Manhattan’s financial district from a “doom loop” by carving attractive living spaces from hulking buildings that once housed fields of cubicles.
Berman, through his firm, Metro Loft Management, has added some five thousand units to New York City’s housing stock. His company has just announced its largest conversion yet: Pfizer’s former headquarters, on East Forty-second Street, will be refashioned to house thirteen hundred apartments.