25 Water

Since the developer MetroLoft, founded and headed by Nathan Berman, has been in the news non-stop with the construction crisis around the former Pfizer Headquarters on East 42nd Street, I thought it was worth reviewing the company’s projects Downtown. Berman was dubbed the king of Fidi by Crain’s more than a decade ago — and it’s an even more relevant title now — but his portfolio began in Tribeca in 1997 with the conversion of 71 Leonard.

The Pfizer building is — was? — on track to be the biggest conversion in the country — with 1600 units, it was second only to the MetroLoft (and GFP Real Estate) project completed last year at 25 Water — 1320 units in the former JPMorgan Chase building.

All the city papers are also making connections now to the Pfizer building problems and a continuing lawsuit at 443 Greenwich, the celebrity dorm at Desbrosses/Vestry. There are six filings going back to 2021 — the latest was in 2025 — claiming that shoddy construction during the conversion has caused damage to apartments.

So here’s a rundown of the other 7400 units MetroLoft — at times with other partners — has created or has in the pipeline in Tribeca and Fidi over the past three decades

PIPELINE
111 Wall at South Street
expected 2027
24 stories
1580 units

101 Greenwich at Rector
expected ??
26 stories
614 units

COMPLETED
25 Water at Broad
2025
32 stories
1,320 units

55 Broad at Beaver
2025
36 stories
571 units

20 Broad at Exchange Place
2019
30 stories
533

180 Water at Pearl
2017
29 stories
580 units

443 Greenwich at Desbrosses
2017
7 stories
53 units

116 John at Pearl
2012
35 stories
416 units

20 Exchange Place at William
2008
57 stories
767 units

67 Wall at Hanover Square
2006
25 stories
331 units

63 Wall at Hanover Square
2003
37 stories
476 units

84 William at Maiden Lane
2001
17 stories
121 units

17 John | Broadway & Nassau
1999
15 stories
111 units

135 William at Fulton
2000
16 stories
30 units

47 Ann | Nassau & William
1998
7 stories
12 units

Image capture April 2026 copyright Google

71 Leonard | Church & Broadway
1997
5 stories
8 units