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The massive edifice at 25 Water St. has successfully swapped its cubicles for more than 1,000 apartments. The former Financial District office tower underwent a two-year gut renovation to turn it into a high-end residential apartment complex. The behemoth of a property was once shared by JPMorgan Chase, the National Enquirer and the New York Daily News. When the 32-story tower opened up leasing in January, it became the largest office-to-residential conversion in US history. A rendering of the new 25 Water St. facade. Streetsense The building was once known...

Real estate investments in the Asia Pacific market have increased by 12 per cent YoY to reach $155.9 billion in 2024, stated a report by Colliers. The growth, it added, underscores the continued resilience of the region’s top nine markets – Australia, Mainland China, Hong Kong, India, Japan, Singapore, South Korea, New Zealand and Taiwan. Colliers released ‘Asia Pacific Investment Insights H2 2024’ report which said that South Korea, Japan, and Mainland China together accounted for 59 per cent of total $83.2 billion real estate investments in H2 2024. Meanwhile,...