Former National Enquirer and Daily News building to become residential property.
TL;DR Summary
The former home of National Enquirer, Daily News, and JPMorgan Chase bank in New York City will be converted into residential living, creating 1,300 new apartments inside. The project will be the largest office-to-residential conversion in America. The new owners plan to raise the height to 32 stories while still complying with density restrictions. The building is expected to open up for rent in 2025.
Topics:business#financial-district#housing-supply#jpmorgan-chase#new-york-city#office-to-residential-conversion#real-estate
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