Office parks · New York
Flatiron Building
Proposed 38-unit luxury condo conversion of Flatiron Building; status 'proposed' but permit data conflicts with project size. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.
Site profile9 elements · what this retrofit is built with · tap a chip for the evidence
Retrofit in the pipeline
This site: …proposed record · all sites with this3+ other atlas sites within 10 km
This site: 28 within 10 km computed · all sites with this30,000+ vehicles a day on an adjacent road
This site: 35,476 on 907L NB to Brooklyn Bridge fhwa-hpms · all sites with thisCounty lost 10%+ of retail establishments since 2012
This site: -21% census-cbp · all sites with thisCounty permitting 2,000+ apartment units a year
This site: 4,463 units, New York County census-bps · all sites with thisCounty typical rent $2,000+
This site: $4,779/mo zillow · all sites with thisShrinking county
This site: -0.3% census-acs · all sites with thisRedeveloped
This site: 38 luxury condo residences record · all sites with thisHousing
This site: 38 luxury condo residences newtypes-extraction · all sites with thisNow
| Status | Retrofit proposedWikipedia no source |
|---|---|
| Strategy | Redevelopment, proposedWikipedia no source |
| New uses | housingWikipedia no source |
| What is there now | 38 luxury condo residencesnewtypes-extraction reported |
| Redeveloper | Jeffrey Gural and partners the Brodsky Organization and Italy’s Sorgente Groupnewtypes-extraction reported |
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: Hudson Terminal shopping concourse (0.5 km); The Mall at the World Trade Center (0.5 km); 99 John Street (0.5 km); 111 Wall St. (0.8 km); American Thread Building (0.9 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 | 23,903 jobs; 263 in retail trade, 306 in accommodation and food (workplace blocks summed to tract 36061003100)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 55th income percentile as adults; -4.5% incarcerated at the 2010 count (74 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 10.6%; median family income $231,719; 34 SNAP householdsUSDA ERS |
| Schools | New York City Department Of Education (PK-12); 40 public schools within 1 mile: JOHN V LINDSAY WILDCAT ACADEMY CHARTER SCHOOL; LEADERSHIP & PUBLIC SERVICE HIGH SCHOOL; HIGH SCHOOL OF ECONOMICS & FINANCE; CHELSEA CAREER AND TECHNICAL EDUCATION HIGH SCHOOLNCES EDGE |
| Elevation | 44 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 10007, 2026-09 | median list price $4,752,500 (+19.0% on the year); 59 active listings; median 88 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) | 35,476 vehicles a day on 907L NB to Brooklyn Bridge; 1,416 trucks; 40 counted segmentsFHWA HPMS |
Summary, model-written
Proposed redevelop of former office building (Flatiron Building) into 38 luxury condos. Developer: Jeffrey Gural/Brodsky/Sorgente Group. Status: proposed (not approved or under construction).
Why. Record shows 'after_notes' specifies 38 luxury condos. Opp_score 10.0 based on 'already in play' (but status is 'proposed', not confirmed as approved/sold). Housing market data shows strong ZHVI ($1.25M) and ZORI ($4,779/month), but record doesn't link this project to market conditions. Peer redevelopments (e.g., 111 Wall St.) have lower scores (6.5).
Where it stands. Status is 'proposed' with no timeline. Permit data shows 4,463 units 5+ in 2024 (conflicts with '38 residences' in after_notes).
For a planner
- Status unknown: not confirmed approved or under construction.
- Permit data inconsistent with project size (38 vs. 4,463 units).
- No evidence of community engagement or zoning approval in record.
For a developer
- Project size (38 units) contradicts permit data (4,463 units 5+).
- Housing market metrics present but no direct project-market alignment stated.
- Peer projects (e.g., 111 Wall St.) are closer in status (proposed) but scored lower (6.5).
What we do not know yet
- Approval status unknown (record says 'proposed').
- Permit data discrepancy unresolved.
- No evidence of planning process or community input.
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
- 5 Times Square, New York, NY · Office parks · same strategy: redevelop; also in NY; 5 km away
- 111 Wall St., New York, NY · Office parks · same strategy: redevelop; also in NY; 1 km away
- Industry City, Brooklyn, NY · Office parks · same strategy: redevelop; also in NY; 8 km away
- Red Hook Grain Terminal, Brooklyn, NY · Industrial sites · same strategy: redevelop; also in NY; 5 km away
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- already in play: under construction, approved, or sold to a developer with housing plans
- 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.
History and original facts
| Original developer | Fuller Companynewtypes-extraction |
|---|---|
| Anchors | Macmillan, Fuller Company |
| County | New York County |
| Census division | 2 · Mid-Atlantic |
| Notes | Draft from nypost.com, model-extracted, unreviewed: The Flatiron Building, an office building opened in 1902, is proposed to be converted into 38 luxury condo residences by 2026. |
Not yet recorded: acres, GLA, year opened, retrofit year. Know it? Tell us.
Sources
- Office-to-apartment conversions are booming in NYC and this is why
1 quoted sentence
Flatiron Building
- Flatiron Building · CC BY-SA 4.0
1 quoted sentence
Flatiron Building
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