What was permitted
A significant project is underway at 1 Gouverneur Lane in Manhattan's Financial District, involving the conversion of a commercial building into residential units. This type of large-scale transformation can give homeowners in the area a benchmark for major property development costs.
This permit was issued on June 26, 2026, with an estimated project cost of $65,000,000. The work is being managed by 77 WATER LLC.
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