Largest Buildings

RESIDENTIAL RISING: Lower Manhattan since 9/11



Beekman Tower, Location: New York NY, Architect: Frank Gehry
Map and thumbnails copy

Largest Buildings

All are RENTAL and conversions, except 3 NEW.

A. 8 Spruce Street  904 units  NEW                                    2011
B. Twenty Exchange  720 units                                           2015
C. 2 Gold St.  650 units  NEW                                             2005
D. 70 Pine  612 units                                                          2015
E. 180 Water  569 units                                                      2017
F. One Wall Street 566 units                                               2019
G. 20 Broad Street  533 units                                             2017
H. Dwell 95  507 units                                                        2008
I. 10 Hanover Square  493 units                                         2005
J. The Ocean 490 units                                                       2001
K. 19 Dutch 483 units NEW                                                2018
L. The Crest 476 units                                                        2005



The east side of lower Manhattan, mainly from Nassau and William streets to the East River waterfront, added the largest buildings and the greatest number of new dwelling units to the Downtown stock since 2000. This is hardly surprising, given the hideous pit at Ground Zero and the ensuing 16-acre site of heavy construction that created a physical barrier and impediment to movement and transit for more than a decade after 9/11.

North of Wall Street with its more prestigious headquarters buildings, the east-side blocks were very dense. Most of the buildings had been erected in the 1910s or ‘20s when there was either no zoning regulation or when the 1916 law allowed more bulk than could be built after 1961. Many of these older Class B or C properties had floor plans that were easy to convert to residential use. Other much larger postwar buildings with their deep floor plates for armies of back-office workers were more challenging to convert, although some developers, such as Metro Loft Management, found ways.

The largest new residential building of the period was 8 Spruce Street, the 75-story, 904-unit masterwork designed by Frank Gehry in 2003/4, but not completed until 2011. Just to its south, both fronting on busy Fulton Street, are a pair of tall, skinny siblings, equal in shape and height, but clad in opposite aesthetics. Erected by the same developer, Lightstone, the 61-story 130 William is dark and shadowed by its heavy concrete façade, while 19 Dutch stretches its taught glassy skin straight up for 63 stories. The dramatic difference in the number of units they offer, 244 for 130 William and 483 for 19 Dutch, is explained by the development strategy of condos versus rental apartments.

The tradition of new residential real estate in New York through much of the Nineties relied on “go-to” architects who clearly understood the business of floor plans, zoning, and the economics of construction. Developers such as Glenwood and Rockrose ventured into lower Manhattan with the same formulaic designs they built in other upper-middle class neighborhoods.  In post-9/11 Downtown, though, these projects were assisted by federally–backed Liberty Bonds, which helped secure lower rates for financing projects.

largest view 2


View east from 4 WTC with three featured towers:
8 Spruce St,; 19 Dutch; and 130 William

8 Spruce St
Architect: Frank Gehry, Gehry Partners
Photo: Library of Congress

Twenty Exchange
Architect: Cross & Cross
Converted by DTH Capital


Dwell 95( Left)
Architect: Emery Roth & Sons
Converted by Phillipe Starck

180 Water St (Right)
Architect: Emery Roth & Sons
Converted by Avinash K. Malhorta