Pearl House Office-to-Residential Conversion Is Complete At 160 Water Street In Financial District, Manhattan

Rendering of Pearl House, courtesy of Vanbarton GroupRendering of Pearl House, courtesy of Vanbarton Group

Construction is complete on Pearl House, an office-to-residential conversion at 160 Water Street in Manhattan’s Financial District. Designed by Gensler and developed by Vanbarton Group, the project involved the construction of a three-story rooftop expansion atop an existing midcentury tower and the conversion of its 525,000 square feet of office space to yield 588 rental units. The property is located at the corner of Water and Fletcher Streets.

Rendering of lobby at Pearl House, courtesy of Vanbarton Group

Rendering of lobby at Pearl House, courtesy of Vanbarton Group

Rendering of lounge at Pearl House, courtesy of Vanbarton Group

Rendering of lounge at Pearl House, courtesy of Vanbarton Group

Units come in studio through two-bedroom configurations, as well as several penthouses with private terraces. Interiors feature oversized double-pane windows and smart home technologies including keyless entry and Ecobee thermostats.

Rendering of unit at Pearl House, courtesy of Vanbarton Group

Rendering of unit at Pearl House, courtesy of Vanbarton Group

Rendering of bowling lanes at Pearl House, courtesy of Vanbarton Group

Rendering of bowling lanes at Pearl House, courtesy of Vanbarton Group

Rendering of golf simulator at Pearl House, courtesy of Vanbarton Group

Rendering of golf simulator at Pearl House, courtesy of Vanbarton Group

Pearl House also offers more than 30,000 square feet of amenity space across three floors. These include SocialHOUSE with social lounges and curated art, ClubHOUSE with a Technogym Performance House and spa, and SkyHOUSE on the rooftop with panoramic city views and terrace lounges.

Rendering of working space at Pearl House, courtesy of Vanbarton Group

Rendering of working space at Pearl House, courtesy of Vanbarton Group

Rendering of spa at Pearl House, courtesy of Vanbarton Group

Rendering of spa at Pearl House, courtesy of Vanbarton Group

Compass Development Marketing Group is in charge of marketing and leasing for the property. Ninety-nine percent of the units are already leased.

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6 Comments on "Pearl House Office-to-Residential Conversion Is Complete At 160 Water Street In Financial District, Manhattan"

  1. Cheesemaster200 | January 15, 2025 at 9:36 am | Reply

    Looks fantastic. Unsure if I want to pay $5,000 for a one bedroom to live there, though I guess that isn’t horrible for new construction in Manhattan.

  2. David in Bushwick | January 15, 2025 at 11:07 am | Reply

    This conversion is a whole new level that could guide other projects. Hopefully we’ll get a final update showing the revised exterior.

  3. David : Sent From Heaven. | January 15, 2025 at 10:08 pm | Reply

    If I were to buy a one bedroom and three bathroom, would that be overkill? But this place is beautiful and worth the price: Thanks.

  4. I wish you would show a full view of the facade. It’s really a piece of nothing.

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