# NEW YORK | 160 Water Street (Redevelopment) | FT | 30 FLOORS **URL:** \ **Category:** Proposed\ **Created:** [September 11, 2022, 5:54pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770 "2022-09-11T17:54:54Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Mackensen](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/mackensen/32/138218_2.png) [@Mackensen](https://forum.newyorkyimby.com/u/Mackensen)\ **Post date:** [September 11, 2022, 5:54pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/1 "2022-09-11T17:54:54Z")
> **[Brookfield Provides $272.5M Loan for Residential Conversion Project at 160...](https://newyorkyimby.com/2022/09/brookfield-provides-272-5m-loan-for-residential-conversion-project-at-160-water-street-in-financial-district-manhattan.html)** > > Brookfield Real Estate Financial Partners has provided a $272.5 million construction loan for a conversion project at 160 Water Street in Manhattan. ---
**Author:** ![007](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/007/32/119215_2.png) [@007](https://forum.newyorkyimby.com/u/007)\ **Post date:** [September 11, 2022, 6:23pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/2 "2022-09-11T18:23:21Z")
Could also be replaced completely. ---
**Author:** ![TKDV](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tkdv/32/83069_2.png) [@TKDV](https://forum.newyorkyimby.com/u/TKDV)\ **Post date:** [September 11, 2022, 6:25pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/3 "2022-09-11T18:25:28Z")
Sure, it could’ve been, but cost for demolition and complete rebuild can exceed the cost to convert and vice versa. Things like this are deeply researched to come out with the most economic/ profitable solution. ---
**Author:** ![007](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/007/32/119215_2.png) [@007](https://forum.newyorkyimby.com/u/007)\ **Post date:** [September 11, 2022, 6:30pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/4 "2022-09-11T18:30:16Z")
I do not understand about the financing of a skyscraper. ---
**Author:** ![007](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/007/32/119215_2.png) [@007](https://forum.newyorkyimby.com/u/007)\ **Post date:** [September 11, 2022, 6:34pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/5 "2022-09-11T18:34:42Z")
Do the foundations need to be reinforced (+6 floors)? ---
**Author:** ![TKDV](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tkdv/32/83069_2.png) [@TKDV](https://forum.newyorkyimby.com/u/TKDV)\ **Post date:** [September 11, 2022, 6:45pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/6 "2022-09-11T18:45:03Z")
It’s a complex process/topic (to your previous comment). As for your more recent comment, I don’t believe they are all full additional floors the size of the existing floors, just partial, only some of them are full floors but they are being outfitted in the mechanical floors and parapet most likely. Sometimes only the structure needs to be reinforced to support additional weight, if they are adding more floors than the foundations are sufficient enough to support extra weight. It’s sister building, 180 Water street, was also converted to residential from office usage. ---
**Author:** ![TKDV](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tkdv/32/83069_2.png) [@TKDV](https://forum.newyorkyimby.com/u/TKDV)\ **Post date:** [September 11, 2022, 7:08pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/7 "2022-09-11T19:08:23Z")
This street view imagery from June shows that almost half of the building’s windows have already been converted, so it’s probably changed more since then, it’s also possible the building will be painted white as visible on the testing mullion. The 6 floors come from 3 additional partial terraced floors on the roof, an additional floor where the mid level mech floor is, and 2 additional floors to fill up the parapet (all similar aspects that were done at 180 Water Street), but it’s not confirmed if a partial lightwell will also be built here. ![160](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/1/f/1f8873e315225cccf7cac433485341aa49a3e9cd.jpeg) Also a render of the top addition, and structural reinforcement on the interior, provided by [CCM](https://www.ccm.nyc/160-water-street). ![image-asset](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/0/2/02703bd60495162308c68ec16626c6fe9817a62d.jpeg) ![IMG_1298](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/1/0/101a7c71feba72e748940359185a1fd4fef76ab2.jpeg) ---
**Author:** ![007](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/007/32/119215_2.png) [@007](https://forum.newyorkyimby.com/u/007)\ **Post date:** [September 11, 2022, 7:27pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/8 "2022-09-11T19:27:30Z")
180 and 160 Water Street are the separate buildings? Is the thread then under construction and not proposed? You are the man of Yimby TKDV ---
**Author:** ![TKDV](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tkdv/32/83069_2.png) [@TKDV](https://forum.newyorkyimby.com/u/TKDV)\ **Post date:** [September 11, 2022, 7:43pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/9 "2022-09-11T19:43:05Z")
Yes, they are two separate buildings built a year apart from each other but designed identically. Vanbarton Group owns both of them, 180 was purchased in 2013 and converted to residential in 2017 and this one was purchased in 2014 but the last tenant’s lease did not expire until last year. They were going to sell the building, but decided on converting it by themselves, a process which started earlier this year. Brookfield’s construction loan to Vanbarton has just allowed them to continue the redevelopment, but yes, the redevelopment started earlier this year. I wouldn’t say that, there’s others who have contributed much more than I have. ---
**Author:** ![007](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/007/32/119215_2.png) [@007](https://forum.newyorkyimby.com/u/007)\ **Post date:** [September 11, 2022, 7:53pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/10 "2022-09-11T19:53:47Z")
Yes but you are the expert on the NY projects in Yimby , female users we have few. ---
**Author:** ![TKDV](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/tkdv/32/83069_2.png) [@TKDV](https://forum.newyorkyimby.com/u/TKDV)\ **Post date:** [September 11, 2022, 8:01pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/11 "2022-09-11T20:01:18Z")
There’s definitely more people that update/frequent the NY projects with information than I have. I also don’t know what gender has to do with it, considering I’m not a female. ---
**Author:** ![chris08876](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/chris08876/32/1617_2.png) [@chris08876](https://forum.newyorkyimby.com/u/chris08876)\ **Post date:** [September 11, 2022, 9:30pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/12 "2022-09-11T21:30:32Z")
Take the complements to private message 007. Let’s not get off topic. Thanks ---
**Author:** ![chris08876](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/chris08876/32/1617_2.png) [@chris08876](https://forum.newyorkyimby.com/u/chris08876)\ **Post date:** [September 12, 2022, 3:52pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/14 "2022-09-12T15:52:26Z")
And with that, a two month suspension. There is no bail reform here. You’ve been advised more than a few times. You can still view and browse the forum but can’t post. Please upon your time off, reflect on how to not disrupt threads. Many members here have complained and it really is getting to the point that its disruptive. We are not citydata but YIMBY… we have standards. ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/1/5/157d66a12177ef5b1b2bb239b3e68eb828622e04.png) ---
**Author:** ![Shane\_Keena](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/shane_keena/32/77791_2.png) [@Shane\_Keena](https://forum.newyorkyimby.com/u/Shane_Keena)\ **Post date:** [September 12, 2022, 4:10pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/15 "2022-09-12T16:10:57Z")
I just wanted to post a big THANK YOU for this well-deserved suspension. I feel like a huge weight has been lifted off the shoulders of this community, and I am eternally grateful for the fantastic mods here keeping order in this community. I can honestly say that I feel about 20 years younger, legit! ---
**Author:** ![jackster99](https://avatars.discourse-cdn.com/v4/letter/j/f04885/32.png) [@jackster99](https://forum.newyorkyimby.com/u/jackster99)\ **Post date:** [September 12, 2022, 4:31pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/16 "2022-09-12T16:31:17Z")
Thank you!! I feel like now he’s just gonna try to spam skyscraperpage with his usual nonsense, but we all know he won’t last a day there LOL. Yimby is much, much more forgiving. ---
**Author:** ![Mackensen](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/mackensen/32/138218_2.png) [@Mackensen](https://forum.newyorkyimby.com/u/Mackensen)\ **Post date:** [September 12, 2022, 6:59pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/17 "2022-09-12T18:59:10Z")
I wrote 007 once: First turn on the head and then write + press enter. Thanks @chris08876 hat have suspended him. ![](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/e/1/e1de830640ef711055054525ff6490cac0db0ab5.jpeg) > **[Vanbarton Lands $273M Loan for 160 Water Street's Resi Conversion](https://commercialobserver.com/2022/08/vanbarton-brookfield-cushman-wakefield-nyc/)** > > Vanbarton Group has landed $272.5 million in construction financing for 160 Water Street to transform it into a multifamily property. ---
**Author:** ![007](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/007/32/119215_2.png) [@007](https://forum.newyorkyimby.com/u/007)\ **Post date:** [September 18, 2022, 10:01pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/19 "2022-09-18T22:01:28Z")
> **[Developer nabs $272M loan for residential makeover at 160 Water Street](https://nyc.urbanize.city/post/developer-nabs-272m-loan-residential-makeover-160-water-street)** > > Vanbarton Group has obtained a $272.5-million construction loan to convert the 24-story office tower at 160 Water Street into multifamily housing, reports Commercial Observer. The loan, provided by Brookfield Real Estate Finance Partners, will allow... ---
**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\ **Post date:** [September 18, 2022, 11:11pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/20 "2022-09-18T23:11:06Z")
I guess we’ve instituted bail reform after all. ---
**Author:** ![007](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/007/32/119215_2.png) [@007](https://forum.newyorkyimby.com/u/007)\ **Post date:** [September 19, 2022, 9:53am UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/21 "2022-09-19T09:53:22Z")
I apologized to a Yimby Mod for my behavior. 2 months is a long time… ---
**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\ **Post date:** [September 19, 2022, 12:13pm UTC](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770/22 "2022-09-19T12:13:16Z")
I hope that the PoS next door comes down. ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/6/f/6ff81d24206a1e9e73f199b00e2b803b5b701a4b.jpeg) [Next page](https://forum.newyorkyimby.com/t/new-york-160-water-street-redevelopment-ft-30-floors/21770.md?page=2)