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Project lands New York’s largest loan for office-to-residential conversion

Metro Loft, David Werner secure $720 million to aid in apartment construction
The former Pfizer headquarters in New York has been chosen for conversion to residential. (CoStar)
The former Pfizer headquarters in New York has been chosen for conversion to residential. (CoStar)
CoStar News
May 19, 2025 | 9:35 P.M.

A New York office-to-residential conversion tied to the redevelopment of pharmaceutical giant Pfizer’s former headquarters has landed what’s billed as the city’s biggest financing for such projects.

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