# NEW YORK | 25 Water Street (Redevelopment) | 32 FLOORS

**URL:** <https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918>\
**Category:** New York\
**Created:** [July 1, 2023, 3:16pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918 "2023-07-01T15:16:44Z")\
**Posts on this page:** 15\
**Page:** 2

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**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:** [February 3, 2025, 4:41pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/21 "2025-02-03T16:41:54Z")

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> **[New Renderings Revealed for SoMA Office-To-Residential Conversion At 25 Water...](https://newyorkyimby.com/2025/02/new-renderings-revealed-for-soma-office-to-residential-conversion-at-25-water-street-in-financial-district-manhattan.html)**
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> New renderings reveal SoMA, a 1,320-unit conversion by CetraRuddy, GFP Real Estate, Metro Loft, Rockwood Capital in Manhattan's Financial District.

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**Author:** ![Alemel](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/alemel/32/91966_2.png) [@Alemel](https://forum.newyorkyimby.com/u/Alemel)\
**Post date:** [February 3, 2025, 7:05pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/22 "2025-02-03T19:05:06Z")

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looks really bad in person

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**Author:** ![ALC11](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/alc11/32/81254_2.png) [@ALC11](https://forum.newyorkyimby.com/u/ALC11)\
**Post date:** [February 3, 2025, 8:30pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/23 "2025-02-03T20:30:10Z")

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Most of the floorplans are absolutely terrible. I found a bunch and some of these only have _one_ window. For the rent they charge for these apartments, that is absolutely unacceptable.

Here’s all the floorplans I could find.

> **[25-Water\_204\_761.pdf](https://somanyc.com/wp-content/uploads/2025/01/25-Water_204_761.pdf)**
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> 140.45 KB

> **[25-Water\_307\_519.pdf](https://somanyc.com/wp-content/uploads/2025/01/25-Water_307_519.pdf)**
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> 137.61 KB

> **[SoMA-Floor-Plan-Shell-Template-populated-r2-35.pdf](https://somanyc.com/wp-content/uploads/2025/01/SoMA-Floor-Plan-Shell-Template-populated-r2-35.pdf)**
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> 135.91 KB

> **[SoMA-Floor-Plan-Shell-Template-populated-r2-40.pdf](https://somanyc.com/wp-content/uploads/2025/01/SoMA-Floor-Plan-Shell-Template-populated-r2-40.pdf)**
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> 133.41 KB

> **[SoMA-Floor-Plan-Shell-Template-populated-r2-70.pdf](https://somanyc.com/wp-content/uploads/2025/01/SoMA-Floor-Plan-Shell-Template-populated-r2-70.pdf)**
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> 132.88 KB

> **[SoMA-Floor-Plan-Shell-Template-populated-r2-87.pdf](https://somanyc.com/wp-content/uploads/2025/01/SoMA-Floor-Plan-Shell-Template-populated-r2-87.pdf)**
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> 133.16 KB

> **[SoMA-Floor-Plan-Shell-Template-populated-r2-26.pdf](https://somanyc.com/wp-content/uploads/2025/01/SoMA-Floor-Plan-Shell-Template-populated-r2-26.pdf)**
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> 138.00 KB

> **[SoMA-Floor-Plan-Shell-Template-populated-r2-67.pdf](https://somanyc.com/wp-content/uploads/2025/01/SoMA-Floor-Plan-Shell-Template-populated-r2-67.pdf)**
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> 136.41 KB

> **[SoMA-Floor-Plan-Shell-Template-populated-r2-46.pdf](https://somanyc.com/wp-content/uploads/2025/01/SoMA-Floor-Plan-Shell-Template-populated-r2-46.pdf)**
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> 139.95 KB

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**Author:** ![Blubbering\_Cactus](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/blubbering_cactus/32/19342_2.png) [@Blubbering\_Cactus](https://forum.newyorkyimby.com/u/Blubbering_Cactus)\
**Post date:** [February 3, 2025, 9:50pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/24 "2025-02-03T21:50:50Z")

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Honestly big downgrade for this building  
I understand they needed more windows but they sacrificed all of the charm

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**Author:** ![bpc](https://avatars.discourse-cdn.com/v4/letter/b/edb3f5/32.png) [@bpc](https://forum.newyorkyimby.com/u/bpc)\
**Post date:** [February 3, 2025, 10:09pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/25 "2025-02-03T22:09:48Z")

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‘Studio with two baths and two home offices’ is one of the sketchiest unit layouts I’ve ever seen-- and the NYC rental market has a LOW bar. This is residence hall living at luxury prices. Even in the _renderings_ the windowpanes look like dogs\*\*t from the inside

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**Author:** ![ALC11](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/alc11/32/81254_2.png) [@ALC11](https://forum.newyorkyimby.com/u/ALC11)\
**Post date:** [February 3, 2025, 10:11pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/26 "2025-02-03T22:11:03Z")

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That building was ugly both before and after the renovation. The renovation is a slight improvement, though.

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**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:** [February 27, 2025, 6:30pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/27 "2025-02-27T18:30:22Z")

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> **[Dull Office Space Converts to Vibrant Residences at 25 Water Street](https://commercialobserver.com/2025/02/the-plan-25-water-street-design/)**
>
> The developers enlisted the services of architectural firm CetraRuddy to transform the building inside and out.

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**Author:** ![bpc](https://avatars.discourse-cdn.com/v4/letter/b/edb3f5/32.png) [@bpc](https://forum.newyorkyimby.com/u/bpc)\
**Post date:** [February 27, 2025, 6:53pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/28 "2025-02-27T18:53:08Z")

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Hate to see CO doing this kind of shilling for a developer. Ain’t nothing vibrant whatsoever about this textbook cheaply-built ripoff of a rental complex.

$3,600+ a month for a studio with a COURTYARD view? Dirt cheap window fixtures and hotel-style PTAC hvac systems in a ‘luxury’ development? off-brand Turkish kitchen appliances too. It’s everything that’s wrong with rental builds in NYC.

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**Author:** ![ALC11](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/alc11/32/81254_2.png) [@ALC11](https://forum.newyorkyimby.com/u/ALC11)\
**Post date:** [February 27, 2025, 7:21pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/29 "2025-02-27T19:21:11Z")

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Link’s paywalled. Archived URL [available here](https://archive.ph/9apzL).

Anyways, the developer probably paid for that piece. These ugly mid-century buildings should be razed and replaced as this is what happens when you let crappy developers redevelop them. The prices for crappy apartments with basically no windows (some apartments have only one) are extreme.

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**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:** [March 8, 2025, 1:13pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/30 "2025-03-08T13:13:31Z")

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> **[Affordable Housing Lottery Launches for 25 Water Street in Manhattan's...](https://www.newyorkyimby.com/2025/03/affordable-housing-lottery-launches-for-25-water-street-in-manhattans-financial-district.html)**
>
> The affordable housing lottery has launched for 25 Water Street, a 32-story residential development in the Financial District of Manhattan.

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**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:** [March 16, 2025, 2:49am UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/31 "2025-03-16T02:49:44Z")

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> **[It was home to the NY Daily News. Now you can rent an affordably priced...](https://gothamist.com/news/it-was-home-to-the-ny-daily-news-now-you-can-rent-an-affordably-priced-apartment-there)**
>
> The country’s biggest office conversion is on NYC’s affordable housing lottery. Some studio apartments rent for less than $1,000 a month.

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**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:** [March 21, 2025, 9:02pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/32 "2025-03-21T21:02:07Z")

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> **[Tribeca Citizen | 25 Water is now SoMA, and a lottery has begun on...](https://tribecacitizen.com/2025/03/19/25-water-is-now-soma-and-a-lottery-has-begun-on-affordable-units/)**
>
> The largest conversion in the country, the building will have 1320 units of which 330 will be offered at a percentage of area median income.

Tribeca Citizen photos

 ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/b/d/bde5877de5202154a9db82323e706f68c8d62117.jpeg)

 ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/3/3/336644451306622f05cc150b84bed9f3707dc461.jpeg)

 ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/5/3/53f9905c769321601c08586833741d44b2864255.jpeg)

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**Author:** ![Dior](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/dior/32/164097_2.png) [@Dior](https://forum.newyorkyimby.com/u/Dior)\
**Post date:** [March 22, 2025, 6:04pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/33 "2025-03-22T18:04:32Z")

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I feel the affordable housing component should’ve been about 500 units but okay

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<div class="post-metadata">

**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:** [April 25, 2025, 12:02pm UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/34 "2025-04-25T12:02:51Z")

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> **[A Former Office Tower Goes Big for Residents](https://www.nytimes.com/2025/04/25/realestate/office-tower-to-residential-building-conversion-soma.html)**
>
> With 1,320 rental apartments and a host of amenities, 25 Water Street is the country’s largest office-to-residential conversion to date.

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<div class="post-metadata">

**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:** [January 13, 2026, 5:16am UTC](https://forum.newyorkyimby.com/t/new-york-25-water-street-redevelopment-32-floors/22918/35 "2026-01-13T05:16:39Z")

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> **[CetraRuddy’s SoMA is the nation’s largest office-to-residential conversion](https://www.archpaper.com/2025/12/soma-25-water-street-cetraruddy-office-to-residential-conversion/)**
>
> CetraRuddy transforms 25 Water Street into a 1,320-unit complex, the largest office-to-residential conversion in the U.S. Featuring new light wells, 100,000 square feet of amenities, affordable housing, and a redesigned white brick facade, the...

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