15-Story Dormitory To Be Converted Into Rental Apartments At 106 Fulton Street, Financial District

106 Fulton StreetPresent-day 106 Fulton Street. Credit: Property Shark

By: 7:00 am on October 31, 2016

DSA Property Group is planning to convert the 15-story, 75,000-square-foot dormitory at 106 Fulton Street, in the Finaicial District, into rental apartments. The project will consist of a “light renovation” of only the living spaces, Commercial Observer reported, ensuring that the apartments will be able to be rented at affordable rates. The ground floor contains 3,543 square feet of retail space leased to Burger King through 2020. DSA acquired the dormitory from Pace University for $51.1 million earlier this month. A $45 million acquisition loan was also recently secured.

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1 Comment on "15-Story Dormitory To Be Converted Into Rental Apartments At 106 Fulton Street, Financial District"

  1. David | October 31, 2016 at 7:11 am |

    Change living to business service in the Financial District, pay money and key the door to your room.

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