Industrial sites · New York

American Thread Building

Imported, unreviewedReinhabitedRetrofit builtNew York City, NY

Already converted housing retrofit with J51 subsidy; not a development opportunity. · summary, model-written

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Site profile8 elements · what this site is built with · tap a chip for the evidence

Place

3+ other atlas sites within 10 km

This site: 28 within 10 km computed · all sites with this

County lost 10%+ of retail establishments since 2012

This site: -21% census-cbp · all sites with this

County permitting 2,000+ apartment units a year

This site: 4,463 units, New York County census-bps · all sites with this

County typical rent $2,000+

This site: $4,779/mo zillow · all sites with this

Shrinking county

This site: -0.3% census-acs · all sites with this

Policy tool

Tax abatement or incentive

This site: J51 tax abatement live/work lofts newtypes-extraction · all sites with this

Strategy

Reinhabited

This site: …live/work lofts record · all sites with this

New use

Housing

This site: …new_use field newtypes-extraction · all sites with this

All elements and lists · Trends

Now

Status	Retrofit builtWikipedia no source
Strategy	ReinhabitedWikipedia no source
New uses	housingWikipedia no source
What is there now	live/work loftsnewtypes-extraction reported

Links out

Every link is built from an id this record holds (parcel number, filer CIK, Wikidata item, Census tract, coordinates) or from the name and city typed into a search. Nothing here is a guessed address. Search links are marked search in their source note; commercial listing links are marked for search engines not to follow. Hover a link for why it is here.

Official records (3)

government and regulatory records for this site, built from ids on the record

New York County (36061) profile (data.census.gov)from data.census.gov
FEMA flood map (NFHL) at this point (search)from msc.fema.gov
EPA ECHO facilities within 1 milefrom echo.epa.gov

Reference (5)

encyclopedic and research references

Wikipedia articlefrom en.wikipedia.org
Wikidata item Q4745252from wikidata.org
Wikimedia Commons photos within 500 mfrom commons.wikimedia.org
Retrofitting Suburbia (book site)from retrofittingsuburbia.com
New York City on Wikipediafrom en.wikipedia.org

Place (8)

map and street views by coordinates

Google Mapsfrom google.com
Street Viewfrom google.com
Bing Mapsfrom bing.com
Apple Mapsfrom maps.apple.com
OpenStreetMapfrom openstreetmap.org
Walk Score at this pointfrom walkscore.com
Transitland mapfrom transit.land
USGS National Mapfrom apps.nationalmap.gov

Market (1)

listings and owner pages; commercial, so search engines are told not to follow

LoopNet: for sale in New York City, NY (search)from city search

News (2)

news searches and archived pages

Google News: “American Thread Building” (search)from name search
Bing News: “American Thread Building” (search)from name search

History and original facts

Original developer	Wool Warehouse Companynewtypes-extraction reported
County	New York County
Census division	2 · Mid-Atlantic
Notes	Draft from Wikipedia, model-extracted, unreviewed: The American Thread Building, originally a Wool Exchange Building built in 1896, was renovated and converted into live/work lofts in 1981.

Not yet recorded: acres, GLA, year opened, retrofit year. Know it? Tell us.

Planning

Public purchase or subsidy	J51 tax abatementnewtypes-extraction

Before and after

Before: the mall

Architect	William B. Tubbyquote
Renovations	1981quote

After: the retrofit

Nothing extracted yet.

Hover "quote" to see the sentence each value came from. Planned figures are labelled planned. Method.

Site context

Housing permits, New York County (NY), 2024	4,463 units in 5+ unit buildings, 4 in 2–4, 0 single-family; 2023: 3,018 in 5+Census BPS
Other atlas sites nearby	28 within 10 km, 36 within 25 km: A&P Warehouse (0.5 km); Flatiron Building (0.9 km); St. John's Terminal (1.0 km); Hudson Terminal shopping concourse (1.1 km); The Mall at the World Trade Center (1.1 km)computed
Retail trade in the county, 2025 (BLS QCEW)	123,585 jobs in 9,169 establishments; average annual pay $79,593; employment location quotient 0.50; employment +1.2% on the yearBLS QCEW 2025, NAICS 44-45, private
Jobs located in the tract, 2022	23,206 jobs; 805 in retail trade, 1,690 in accommodation and food (workplace blocks summed to tract 36061003300)Census LEHD LODES8 WAC 2022
Upward mobility (Opportunity Atlas, 2010 tract)	children of low-income (25th percentile) families reached the 49th income percentile as adults; 1.9% incarcerated at the 2010 count (191 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)	not a low-access tract at 1 mile; poverty rate 4.2%; median family income $250,001; 75 SNAP householdsUSDA ERS
Schools	New York City Department Of Education (PK-12); 38 public schools within 1 mile: CASCADES HIGH SCHOOL; FORSYTHE SATELLITE ACADEMY; HIGH SCHOOL 560 CITY-AS-SCHOOL; LEADERSHIP & PUBLIC SERVICE HIGH SCHOOLNCES EDGE
Elevation	11 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-2025	45 county-logged events: 20 flash flood, 19 thunderstorm wind, 4 hail, 2 lightning; $114,073,500 property damage reported; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events
Homes for sale in ZIP 10013, 2026-09	median list price $4,562,500 (+6.4% on the year); 140 active listings; median 75 days on market; 6% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 2023	9,268 establishments (-21%); 115,257 jobs (-21%)Census CBP
Housing market in the county	typical home value $1.2M (+3% 1 yr, -10% 5 yr); typical rent $4,779/mo (+6% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)	15,413 vehicles a day on VARICK ST (principal arterial, 2 lanes); 1,227 trucks; 40 counted segmentsFHWA HPMS

Summary, model-written

Converted to live/work lofts (1981 renovation), now operating as housing. J51 tax abatement in place. Median rent $2,132. Retrofit already completed (status: built).

Why. Retrofit already built (opp_reasons), housing use confirmed (new_use: housing, after_notes: live/work lofts).

Where it stands. No development opportunity (opp_score: 0.0). Current housing market rent metric: $2,132 median. ZORI (rent index) $4,779 (2026-09 data).

For a planner

Historic industrial building (1896) repurposed to housing in TriBeCa

For a developer

Not a development opportunity (already built). Existing housing subsidy (J51). Median rent $2,132 matches current market (ZORI $4,779).

What we do not know yet

No vacancy rate or occupancy data provided. No new construction needed (retrofit complete).

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

Similar sites

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Gilsey House, New York City, NY · Other · same strategy: reinhabit; also in NY; 3 km away

Elsewhere on the web

Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar

Multifamily screen

retrofit already built
median rent $2,132
housing in the record

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

Background

The American Thread Building is a historic building located at 260 West Broadway on the corner of Beach Street in the TriBeCa neighborhood of Lower Manhattan, New York City. The eleven story building was designed in the Renaissance Revival style by architect William B. Tubby, and built in 1896. It was originally known as the Wool Exchange Building, and owned by the Wool Warehouse Company; however the Wool Company did not succeed and the building was acquired by the American Thread Company in 1907. In 1979, a group of young artists made a stand against real estate developer Harry B. Macklowe.

Excerpt from Wikipedia (authors and history), CC BY-SA 4.0. May be older than the record above.

Timeline

1981 renovated and converted into live/work lofts

Sources

American Thread Building · CC BY-SA 4.0
2 quoted sentences
American Thread Building
the building was renovated and converted into live/work lofts in 1981.

Cite

Retrofit Atlas (2026). "American Thread Building, New York City, NY." Record n-2cae688bb9, imported, unreviewed. Built on the public Retrofitting Suburbia map (Dunham-Jones and Williamson) and the sources listed. https://retrofitatlas.org/industrial/ny/new-york-city-american-thread-building/ (accessed 2026-10-21).

BibTeX

@misc{retrofitatlas_newyorkcityamericanthreadbuilding,
  title = {American Thread Building, New York City, NY},
  author = {{Retrofit Atlas}},
  howpublished = {\url{https://retrofitatlas.org/industrial/ny/new-york-city-american-thread-building/}},
  year = {2026},
  note = {Record n-2cae688bb9, release 2026-10-21, tier: draft. Built on the Retrofitting Suburbia map (Dunham-Jones and Williamson) and the sources listed on the record. Accessed 2026-10-21}
}

How to cite, versioning

Link back

Paste on a project page: <a href="https://retrofitatlas.org/industrial/ny/new-york-city-american-thread-building/">American Thread Building on Retrofit Atlas</a>