Mechanical Systems Upgrade at 44 Beaver Street, Manhattan
44 BEAVER STREET, MANHATTAN, 10004 · Financial District-Battery Park City
What was permitted
This permit details a significant mechanical systems upgrade at 44 Beaver Street in the Financial District-Battery Park City area of Manhattan, involving the replacement of an air conditioning system with a VRF system and the installation of new ERV units for ventilation. This project provides a benchmark for large-scale commercial or multi-unit residential HVAC replacements.
The permit was issued on May 1, 2026, with a substantial estimated cost of $1,000,000. PEN ENTERPRISES INC is the General Contractor for this extensive mechanical systems project.
Large-scale mechanical system replacements in Manhattan's Financial District, like at 44 Beaver Street, can cost around $1,000,000.
What it cost
Issued
May 1, 2026
Expires
May 1, 2027
License
General Contractor
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Filed by PEN ENTERPRISES INC · 7 permits across 5 neighborhoods
View the official permit record
Tracking number, work description, cost, and dates
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View the official permit record
Tracking number, work description, cost, and dates
| Tracking Number | 171834810 |
| Work Permit # | M01084902-I1-MS |
| Job Filing Number | — |
| Work Type | Mechanical Systems |
| Status | Permit Issued |
| Job Description | The Unitary air conditioning system will be replaced with a VRF air conditioning system, and new ERV units will be installed to provide ventilation. |
| Floor / Unit | Floor Number(s) 10 through 10 |
| Estimated Cost | $1,000,000 |
| Approved | January 9, 2026 |
| Issued | May 1, 2026 |
| Expires | May 1, 2027 |
| BBL | — |
| BIN | — |
Property Owner
DSNY
Chuck Kanu