The closing of Vanbarton Group’s acquisition of 6 East 43rd Street, backed by a $300 million loan from Brookfield, is more than a transaction — it’s a marker of where New York City is heading.

New York City’s commercial real estate market is evolving faster than ever. A recent report from Comptroller Brad Lander confirms what many of us in the field already know: office-to-residential conversions are reshaping the city’s future. office-to-residential conversions are reshaping NYC and Skyline Properties Leads NYC’s Office-to-Residential Boom Amid 45% Drop in Office Property Values