
Financial District
The Financial District is Manhattan's most active office-to-residential conversion submarket — older office stock, deep 467-m abatement opportunity, and a steady pipeline of value-add office trades. Skyline Properties has closed major FiDi transactions including 101 Greenwich Street ($105M).
Financial District Office Buildings — Skyline Properties Coverage
The Financial District is Manhattan's most active office-to-residential conversion submarket — older office stock, deep 467-m abatement opportunity, and a steady pipeline of value-add office trades. Skyline Properties has closed major FiDi transactions including 101 Greenwich Street ($105M).
- Class A and B office buildings
- 467-m office-to-residential conversion candidates
- Value-add and repositioning plays
- Mixed-use office and retail
- Trophy Lower Manhattan office
Commercial Real Estate Advisory in Financial District
Skyline Properties advises owners and qualified investors on financial district office buildings transactions, including valuation, confidential outreach, buyer qualification, negotiations, due diligence and closing coordination.
The appropriate process depends on the property, ownership objectives, buyer depth and required level of confidentiality. Published transactions and case studies provide examples of Skyline Properties' experience; they do not represent current inventory unless specifically identified as available.
- Property-specific valuation and current Financial District comparable sales
- Controlled outreach for confidential financial district office buildings assignments
- Buyer qualification based on capital, experience, timing and execution history
- Senior-level transaction coordination from initial strategy through closing
- Public case studies and transaction records with supporting source links
Related Financial District Property Topics
Investors and owners researching financial district office buildings may also evaluate FiDi office building for sale, Lower Manhattan office building, Financial District 467-m conversion, FiDi office-to-residential conversion, Wall Street office building for sale, Water Street office building, Broad Street office building, Financial District value-add office, FiDi Class B office building, Lower Manhattan office investment sales, Financial District trophy office. The linked guides below address the relevant property types, transaction structures and underwriting considerations in greater detail.
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133 Greenwich Street

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Financial District Office Buildings —
Editorial guides covering financial district office buildings and related NYC commercial real estate topics, including underwriting, zoning, conversions and transaction structure.
Frequently Asked
Skyline Properties — led by founder Robert Khodadadian — is one of the leading brokers for Financial District office buildings. Skyline Properties has closed $976M+ in NYC commercial real estate transactions, the majority off-market, and has the 2025 RED Awards Off-Market Investment Sales Broker of the Year.
Skyline Properties transacts Financial District office buildings across class a and b office buildings, 467-m office-to-residential conversion candidates, value-add and repositioning plays, and other financial district office buildings assets. Engagements range from sub-$5M boutique deals through $100M+ trophy and conversion plays.
Yes. The majority of Skyline Properties' Financial District transactions are off-market. Skyline Properties maintains a curated network of pre-qualified institutional buyers, family offices, REITs, and private equity funds, and routinely matches Financial District office buildings directly with the buyers most likely to close at the right price — without any public marketing exposure.
Valuing Financial District office buildings requires submarket-specific cap rates, current rent comparables, an honest read on tenant demand, and — for development-eligible assets — a buildable analysis under the current zoning. Skyline Properties provides confidential, no-obligation broker opinions of value for owners and investors active in Financial District.
Call Skyline Properties at (212) 537-9239 or schedule a confidential consultation with Robert Khodadadian directly. Skyline Properties responds to all serious inquiries within one business day.
Discuss a commercial real estate opportunity in Financial District
Request a confidential conversation about the property, acquisition criteria or transaction structure. No public listing is created by contacting Skyline Properties.
Schedule a Confidential ConsultationFinancial District
Data reviewed July 2026 · Next scheduled review October 2026 · Asset focus: Office, Office-to-residential conversions, Development sites
Skyline Properties transactions in Financial District
- 101 Greenwich Street — $105M (2025), Quantum Pacific (Idan Ofer) & Metro Loft (Nathan Berman)
FiDi office sold for conversion — Metro Loft is the district's most prolific office-to-residential converter.
- 133 Greenwich Street — $28M (2012), Hidrock
Greenwich Street development site — the block's earlier cycle marker.
Zoning, policy & market mechanics
Lower Manhattan leads the office-to-residential conversion wave; the 101 Greenwich Street sale (2025, $105M) paired international capital with Metro Loft's conversion track record.
Source: Skyline Properties closed-deal record; The Real Deal / Commercial Observer coverage · February 2025
467-m abatement economics (up to 90% early-year phasing, terms to 35 years, affordability requirements) are the tax spine of current FiDi conversion underwriting.
Source: NYS 467-m statute; Skyline Properties 467-m guide · April 2024
Documented buyer profiles
- Conversion specialists with assembly-line execution (Metro Loft at 101 Greenwich Street)
- International principals entering via structured JVs (Quantum Pacific at 101 Greenwich Street)
Owner considerations
- Pre-war and mid-century FiDi office owners should obtain a conversion-basis valuation alongside an income valuation — the spread decides the exit.
- Confidential processes prevent tenant and lender disruption while conversion buyers underwrite vacancy timing.
Press Coverage
Press coverage in Financial District
Third-party reporting connected to published Skyline Properties transactions in this submarket.
Apollo, 101 Greenwich, Quantum Pacific & Metro Loft
Coverage of Quantum Pacific and Metro Loft joint venture on 101 Greenwich Street office-to-residential conversion.
Quantum Pacific Metro Loft 600-Unit Conversion at 101 Greenwich Street
Quantum Pacific and Metro Loft announce plans for 600-unit residential conversion at 101 Greenwich Street in FiDi.
Quantum Pacific Metro Loft Closes 101 Greenwich
The Real Deal reports the March 2025 closing of 101 Greenwich Street, with conversion plans for the FiDi office tower.
Quantum Pacific Metro Loft 101 Greenwich $105M
Quantum Pacific and Metro Loft acquire 101 Greenwich Street for $105M.
Quantum Pacific, Metro Loft Acquire 101 Greenwich Street for $105M
RE Business Online covers the 101 Greenwich acquisition and the office-to-residential conversion planned for the tower.
Idan Ofer's Quantum Pacific Buys 101 Greenwich Street
February 2025: The Real Deal covers the $105M deal completing, with Metro Loft aboard to convert the FiDi tower to residential.
Quantum Pacific Pays More Than $100M for Manhattan's 101 Greenwich St.
Quantum Pacific and Metro Loft acquire 101 Greenwich Street from BentallGreenOak for more than $100 million, planning major office-to-residential conversion.
N.Y. Deal Sheet: Quantum Pacific Closes 101 Greenwich Street
Idan Ofer's Quantum Pacific closes on 101 Greenwich Street acquisition from BentallGreenOak as covered in Bisnow's weekly N.Y. Deal Sheet.

