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Pfizer Tower Conversion Hits Snags | Real Estate News

Pfizer Tower Conversion Hits Snags | Real Estate News

Published 1 month ago
Description

Pfizer’s Midtown East building, set to become the nation’s largest office-to-residential conversion, hit another snag this week with falling debris—just the latest in a string of safety issues. Led by “FiDi King” Nathan Berman and dealmaker David Werner, the $700M project, backed by a record loan, aims to deliver luxury and affordable housing with top-tier amenities. But with seven major safety violations—including a $10K penalty for failing to report an injury—the timeline for completion by late 2027 is now in jeopardy.

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