GFP Real Estate

GFP Real Estate is a New York-based owner, operator and developer with a large portfolio of commercial buildings across the city. The firm has moved into office-to-residential conversion as demand for Lower Manhattan office space has softened, and it’s a co-developer of SoMA at 25 Water Street, the country’s largest office-to-residential conversion, with Metro Loft. GFP manages millions of square feet of property and handles leasing, construction and operations in-house. Its conversion work reflects a broader shift among New York landlords toward repositioning dated office stock into housing where the economics and floor plates allow.