Landlords buzzing about 150 William St. after nearby building sold for

Landlords buzzing about 150 William St. after nearby building sold for

News that the workplace building at 40 Fulton St. is to be sold for residential conversion had landlords and brokers buzzing over two questions: Which obsolescent FiDi workplace building is next? And what’s happening at nearby 150 William St.?

One mammoth conversion was lately accomplished at 25 Water St. and another’s underway at 222 Broadway. There’s also deliberate or proposed ground-up residential building at a number of major vacant websites. Among them is 75–83 Nassau St., a long-vacant lot that just sold to a three way partnership which plans a principally condo tower.

150 William St. was listed for $200 million last August, however there hasn’t been a peep about it since then. William Farrington/NY Post

150 William St. is a 20-story construction inbuilt 1927 with more than a half million sq. ft. William Farrington/NY Post

But eyes are also on 150 William St. — a 20-story, 1927 construction with more than a half million sq. ft. KF Braun Management, which is advertising the property for reclusive proprietor Moses Marx, listed it for $200 million last August, however there hasn’t been a peep about it since then.

The metropolis’s Administration for Child Services plans to maneuver from 150 William St. later this yr, which is able to go away the building principally vacant. William Farrington/NY Post

The metropolis’s Administration for Child Services plans to maneuver to nearby 110 William St. later this yr, which is able to go away 150 William principally vacant. Discount retailer LotLess stays, however another large retail area has been darkish for years.

“It doesn’t look pretty right now, but it would be a great prospect for apartment conversion,” an space dealer said. “The location’s fantastic – halfway between the World Trade Center and the Seaport and even closer to 130 William,” the extremely profitable new condominium tower.

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