
25 Water Street
2
MENTIONS
1
EPISODES
1
PODCASTS
Search complete. 2 mentions across 1 episode found for "25 Water Street".
Oct 28, 2026
Inside New York’s Biggest Real Estate Deals with Jonathan Mechanic
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27:10Jonathan MechanicGUEST
That's that new corridor that you're talking about.
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27:12Raphael SidelskyHOST
You were also involved with 25 Water Street.
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27:16Raphael SidelskyHOST
I had Brian Steinwurzel on the podcast early on where he talked about that transformation from office to 1,300 apartment units.
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27:24Raphael SidelskyHOST
Tell us a little bit about that.
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27:34Jonathan MechanicGUEST
I think, first of all, there was a creative thought on the legislature's part to provide that tax abatement and also to take that office product that really had seen its time and was no longer really relevant, was kind of obsolete, and allow it to be converted into something that was actually useful in terms of
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27:54speaker_2UNKNOWN
housing
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27:54Jonathan MechanicGUEST
which is something that's so important for this city and i thought 25 water street was one of the best projects first of all it was so creative because the floor plate was very large it was 40 000 square feet and normally you would say well you can't possibly make that into residential But Brian and Nathan Berman, who was his partner, they cut light wells into the floors so that, in fact, you had windows, which you need to have operable windows for purposes of residential housing.
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28:21Jonathan MechanicGUEST
And so they created these windows.