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NYC issues stop-work orders tied to office-to-residential conversions
Inspectors fully halted work at 222 Broadway and issued a partial stop-work at 750 Third Avenue amid jobsite and filing concerns.
NYC inspectors issued a full stop-work order at 222 Broadway in Lower Manhattan and a partial stop-work order at 750 Third Avenue in Midtown, adding to regulatory scrutiny of office-to-residential conversions, HousingWire reports.
The 222 Broadway building, built in 1962 and being converted by GFP Real Estate into 300 apartments, is on its third stop-work order in a matter of weeks after cracked concrete beams on the 32nd floor were not reported to officials for weeks.
Separately, a partial stoppage was issued at 750 Third Avenue, reflecting concerns tied to the conversion process. The story notes the city’s Department of Buildings issues thousands of stop-work orders annually, but these actions underscore increased attention following earlier structural alarm related to the conversion of the former Pfizer headquarters.
HousingWire also says the latest developments come as New York City Mayor Zohran Mamdani and housing leaders view conversions as a key tool to address the city’s housing shortage, including through 2024 tax incentives that are intended to boost the conversion pipeline.