What was permitted
A significant construction project is underway in Manhattan's Financial District, involving the conversion of an office building to residential units. This type of large-scale transformation aims to repurpose commercial spaces for housing, impacting the neighborhood's landscape and housing availability.
This permit was issued on August 24, 2026, for a substantial project with an estimated cost of $88,791,360. The work is being managed by BUSHBURG BUILDERS LLC.
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View the official permit record
Tracking number, work description, cost and dates
View the official permit record
Tracking number, work description, cost and dates
| Tracking number | 935703078 |
|---|---|
| Work permit # | M01363617-I1-GC |
| Job filing number | — |
| Work type | General Construction |
| Status | Permit Issued |
| Job description | CONVERSION FROM OFFICE (B) OCCUPANCY TO RESIDENTIAL (R-2) OCCUPANCY PURSUANT TO ARTICLE I, CHAPTER V OF THE NYC ZONING RESOLUTION AND ARTICLE 7B OF THE NYS MULTIPLE DWELLING LAW FOR RESIDENTIAL CONVERSION. |
| Floor / unit | Floor Number(s) 1, Floor Number(s) 1, Floor Number(s) 2, Floor Number(s) 3, Floor Number(s) 3, Floor Number(s) 4, Floor Number(s) 5, Floor Number(s) 6, Floor Number(s) 7, Floor Number(s) 8, Floor Numb |
| Estimated cost | $88,791,360 |
| Approved | June 15, 2026 |
| Issued | August 24, 2026 |
| Expires | December 13, 2026 |
| BBL | — |
| BIN | — |
Property owner
Bushburg Builders LLC
Abraham Hoffman
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