business

NYC Office-to-Residential Conversions Face Safety Concerns

The Shadow in the Skyscraper A recent crisis in Midtown has left New Yorkers shaken, with a pair of buckling support columns on the 21st floor of the former Pfizer world headquarters sending alarm bells ringing.

The building is currently undergoing conversion to residential units by Metro Loft and David Werner Real Estate Investments.

The immediate cause of the failure is clear: added weight from new floors, according to Nathan Berman, founder of Metro Loft.

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