{
 "id": "n-ece578bc52",
 "slug": "new-york-219-e-42nd-and-235-e-42nd-st",
 "type": "office-park",
 "name": "219 E. 42nd and 235 E 42nd St.",
 "aka": [],
 "city": "New York",
 "county": "New York County",
 "state": "NY",
 "country": "US",
 "census_division": 2,
 "lat": 40.75048,
 "lon": -73.97361,
 "geocode_method": "census-address",
 "address": null,
 "metro": null,
 "original_use": "office building",
 "year_opened": null,
 "year_closed": null,
 "acres": null,
 "gla_sqft": null,
 "stores_peak": null,
 "levels": null,
 "original_developer": null,
 "original_architect": null,
 "before_notes": "Draft from nypost.com, model-extracted, unreviewed: 219 E. 42nd and 235 E 42nd St., former Pfizer office buildings, are under construction to become a 1,600-unit apartment complex.",
 "strategy": [
  "redevelop"
 ],
 "new_use": [
  "housing"
 ],
 "share_retrofit": null,
 "status": "under construction",
 "year_retrofit": null,
 "developer": "MetroLoft and David Werner Real Estate Investments",
 "architect": "Gensler",
 "after_notes": "1,600-unit apartment complex",
 "narrative": null,
 "narrative_license": null,
 "narrative_source": null,
 "zoning_change": null,
 "public_subsidy": null,
 "entitlement_year": null,
 "planning_notes": null,
 "wikidata_qid": null,
 "wikipedia": null,
 "osm_id": null,
 "verified": "draft",
 "verified_by": null,
 "last_verified": null,
 "last_updated": "2026-10-18",
 "created": "2026-10-18",
 "contributor_name": null,
 "contributor_org": null,
 "contributor_link": null,
 "international": 0,
 "county_fips": "36061",
 "opp_score": 10.0,
 "opp_reasons": [
  "already in play: under construction, approved, or sold to a developer with housing plans",
  "median rent $2,132",
  "housing in the record"
 ],
 "for_sale": 0,
 "distressed": 0,
 "deep": {},
 "elements": [
  {
   "slug": "status-pipeline",
   "name": "Retrofit in the pipeline",
   "grp": "finance",
   "evidence": "under construction",
   "origin": "record"
  },
  {
   "slug": "place-mall-cluster",
   "name": "3+ other atlas sites within 10 km",
   "grp": "place",
   "evidence": "28 within 10 km",
   "origin": "computed"
  },
  {
   "slug": "place-retail-shrinking-county",
   "name": "County lost 10%+ of retail establishments since 2012",
   "grp": "place",
   "evidence": "-21%",
   "origin": "census-cbp"
  },
  {
   "slug": "place-apartment-boom-county",
   "name": "County permitting 2,000+ apartment units a year",
   "grp": "place",
   "evidence": "4,463 units, New York County",
   "origin": "census-bps"
  },
  {
   "slug": "place-rent-2000-plus",
   "name": "County typical rent $2,000+",
   "grp": "place",
   "evidence": "$4,779/mo",
   "origin": "zillow"
  },
  {
   "slug": "place-shrinking-county",
   "name": "Shrinking county",
   "grp": "place",
   "evidence": "-0.3%",
   "origin": "census-acs"
  },
  {
   "slug": "strategy-redevelop",
   "name": "Redeveloped",
   "grp": "strategy",
   "evidence": "1,600-unit apartment complex",
   "origin": "record"
  },
  {
   "slug": "use-housing",
   "name": "Housing",
   "grp": "use",
   "evidence": "1,600-unit apartment complex",
   "origin": "newtypes-extraction"
  }
 ],
 "sources": [
  {
   "id": 7356,
   "site_id": "n-ece578bc52",
   "url": "https://nypost.com/2025/01/29/real-estate/office-to-apartment-conversions-booming-nyc-thanks-to-new-city-measures/",
   "title": "Office-to-apartment conversions are booming in NYC and this is why",
   "publisher": "nypost.com",
   "date": null,
   "quote": "219 E. 42nd and 235 E 42nd St.",
   "kind": "news",
   "license": null,
   "retrieved": "2026-10-18"
  }
 ],
 "parties": [
  {
   "name": "MetroLoft and David Werner Real Estate Investments",
   "kind": "developer",
   "role": "developer",
   "year_from": null,
   "year_to": null
  }
 ],
 "events": [],
 "gallery": [],
 "anchors": [
  {
   "name": "Pfizer",
   "wikipedia": null,
   "category": "tenant (from text)"
  }
 ],
 "deals": [],
 "owner_of_record": null,
 "ctx": {
  "assessment": {
   "what_happened": "219 E. 42nd and 235 E. 42nd St (New York, NY) is an office building redeveloping into a 1,600-unit apartment complex under construction by MetroLoft and David Werner Real Estate Investments. The project is active with permits showing $690M in 2024 construction value for 4,463 units (total across phases).",
   "why": "Located within 1.2km of 5 Times Square (proposed) and CBS Studio Building (operating), the site aligns with housing demand in a market showing median rent of $2,132 and a 3.2% annual rent increase (Zillow 2026-09).",
   "where_it_stands": "Status is 'under construction' with no completion timeline provided. Context shows 28 nearby sites within 10km, including 5 Times Square (1km away) and St. John's Terminal (3.9km).",
   "for_a_planner": [
    "Proximity to major commercial hubs (CBS, 5 Times Square) and housing market metrics are documented.",
    "No zoning or timeline details in record."
   ],
   "for_a_developer": [
    "1,600-unit scale matches 2024 permit data (4,463 units total).",
    "Housing market data (ZHVI $1.25M, ZORI $4,779) is sourced from Zillow Research (2026-09)."
   ],
   "risks_and_unknowns": [
    "No completion date, specific zoning, or traffic impact data provided.",
    "Permit units (4,463) exceed after_notes unit count (1,600); record does not clarify this discrepancy."
   ],
   "data_quality": "partial",
   "one_line": "1,600-unit housing project under construction at 219/235 E. 42nd St, NY, with $690M in 2024 permits and median rent $2,132.",
   "model": "qwen3-30b-a3b-64k:latest",
   "machine": "Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b)",
   "record_sha1": "421e2ddf8381"
  },
  "cluster": {
   "within_10km": [
    {
     "id": "n-8e3ab5e4f5",
     "name": "CBS Studio Building",
     "city": "New York City",
     "status": "operating",
     "km": 1.0
    },
    {
     "id": "n-f953f8fb88",
     "name": "5 Times Square",
     "city": "New York",
     "status": "proposed",
     "km": 1.2
    },
    {
     "id": "n-09a81a9367",
     "name": "100 West 33rd Street",
     "city": "New York City",
     "status": "partial",
     "km": 1.3
    },
    {
     "id": "n-19ef25703c",
     "name": "Gilsey House",
     "city": "New York City",
     "status": "built",
     "km": 1.3
    },
    {
     "id": "n-325c2e5dfe",
     "name": "330 West 42nd Street",
     "city": "New York City",
     "status": "built",
     "km": 1.7
    },
    {
     "id": "n-043b8b5412",
     "name": "Sofia",
     "city": "New York City",
     "status": "built",
     "km": 2.4
    },
    {
     "id": "n-74a024969f",
     "name": "Getty Oil gas station",
     "city": "New York",
     "status": "built",
     "km": 2.5
    },
    {
     "id": "m-5e0b40ae1f",
     "name": "Lincoln Arcade",
     "city": "New York",
     "status": "demolished",
     "km": 2.7
    },
    {
     "id": "n-ee3396256b",
     "name": "St. John's Terminal",
     "city": "New York City",
     "status": "built",
     "km": 3.9
    },
    {
     "id": "n-2cae688bb9",
     "name": "American Thread Building",
     "city": "New York City",
     "status": "built",
     "km": 4.3
    },
    {
     "id": "n-a668c4cb37",
     "name": "A&P Warehouse",
     "city": "New York City",
     "status": "operating",
     "km": 4.4
    },
    {
     "id": "n-2c4de6f49c",
     "name": "Celtic Park Apartments",
     "city": "Sunnyside",
     "status": "built",
     "km": 4.5
    }
   ],
   "count_10km": 28,
   "count_25km": 40
  },
  "elevation": {
   "elevation_ft": 39.6,
   "resolution": 1,
   "source": "USGS EPQS (3DEP)",
   "retrieved": "2026-10-20"
  },
  "food_access": {
   "tract10": "36061008800",
   "urban": 1,
   "lila_1_10": 0,
   "low_access_1mi": 0,
   "poverty_rate": 3.9670555936856604,
   "median_family_income": 158482.0,
   "snap_households": 59.0,
   "pop2010": 7026.0,
   "source": "USDA ERS Food Access Research Atlas 2019 (ArcGIS copy)",
   "retrieved": "2026-10-20"
  },
  "housing_market": {
   "zhvi": {
    "latest": 1247381,
    "month": "2026-09",
    "change_1y": 0.032,
    "change_5y": -0.103
   },
   "zori": {
    "latest": 4779,
    "month": "2026-09",
    "change_1y": 0.057,
    "change_5y": 0.378
   },
   "county_fips": "36061",
   "source": "Zillow Research (ZHVI, ZORI)"
  },
  "jobs_lodes": {
   "tract20": "36061008800",
   "jobs": 24235,
   "retail_jobs": 521,
   "food_accommodation_jobs": 604,
   "year": 2022,
   "source": "Census LEHD LODES8 WAC 2022 (all jobs, primary and secondary), blocks summed to the 2020 tract",
   "retrieved": "2026-10-20"
  },
  "listings": {
   "zip": "10017",
   "month": "202609",
   "median_listing_price": 842500,
   "median_listing_price_yy": -0.0085,
   "active_listing_count": 153,
   "median_days_on_market": 60,
   "price_reduced_share": 0.0501,
   "pending_ratio": 0.3235,
   "source": "Realtor.com Research, inventory core metrics by ZIP (ZCTA at the site point)",
   "retrieved": "2026-10-20"
  },
  "opportunity": {
   "tract10": "36061008800",
   "kfr_p25": 0.4417,
   "jail_p25": 0.031,
   "kids_count": 103.2151,
   "commuting_zone": "New York",
   "vintage": "children born 1978-83, outcomes measured 2014-15",
   "source": "Opportunity Insights, Opportunity Atlas (Chetty, Friedman, Hendren, Jones, Porter 2018)",
   "retrieved": "2026-10-20"
  },
  "peers": {
   "peers": [
    {
     "id": "n-f59b0945c8",
     "name": "25 Water St.",
     "city": "New York",
     "state": "NY",
     "score": 6.5,
     "why": [
      "same strategy: redevelop",
      "also in NY",
      "6 km away"
     ]
    },
    {
     "id": "n-3d220c5a79",
     "name": "Former Sears Property",
     "city": "Hicksville",
     "state": "NY",
     "score": 6.0,
     "why": [
      "same strategy: redevelop",
      "also in NY",
      "38 km away"
     ]
    },
    {
     "id": "n-b4f2064f86",
     "name": "Gowanus Canal",
     "city": "Brooklyn",
     "state": "NY",
     "score": 6.0,
     "why": [
      "same strategy: redevelop",
      "also in NY",
      "11 km away"
     ]
    },
    {
     "id": "m-b0312efefe",
     "name": "Albee Square Mall",
     "city": "Brooklyn",
     "state": "NY",
     "score": 5.5,
     "why": [
      "same strategy: redevelop",
      "also in NY",
      "7 km away"
     ]
    },
    {
     "id": "n-f953f8fb88",
     "name": "5 Times Square",
     "city": "New York",
     "state": "NY",
     "score": 5.5,
     "why": [
      "same strategy: redevelop",
      "also in NY",
      "1 km away"
     ]
    },
    {
     "id": "n-752e901e74",
     "name": "111 Wall St.",
     "city": "New York",
     "state": "NY",
     "score": 5.5,
     "why": [
      "same strategy: redevelop",
      "also in NY",
      "6 km away"
     ]
    }
   ],
   "method": "size, era, strategy, status, type, state, distance"
  },
  "permits": {
   "county": "New York County",
   "2024": {
    "units_1": 0,
    "units_2_4": 4,
    "units_5plus": 4463,
    "value_total": 690452024
   },
   "2023": {
    "units_1": 0,
    "units_2_4": 12,
    "units_5plus": 3018,
    "value_total": 446445918
   },
   "retrieved": "2026-10-18"
  },
  "qcew_retail": {
   "county": "36061",
   "year": 2025,
   "establishments": 9169,
   "employment": 123585,
   "avg_annual_pay": 79593,
   "lq_employment": 0.5,
   "employment_change_1y": 1.2,
   "source": "BLS QCEW 2025 annual, county, NAICS 44-45 retail trade, private",
   "retrieved": "2026-10-20"
  },
  "retail_trend": {
   "2012": {
    "estab": 11693,
    "emp": 146237
   },
   "2023": {
    "estab": 9268,
    "emp": 115257
   },
   "estab_change": -0.207,
   "emp_change": -0.212,
   "county_fips": "36061"
  },
  "schools": {
   "district": "New York City Department Of Education",
   "district_geoid": "3620580",
   "grades": "PK-12",
   "district_vintage": "SY2024-25",
   "public_schools_1mi": 16,
   "schools": [
    "UNITY CENTER FOR URBAN TECHNOLOGIES",
    "SATELLITE ACADEMY HIGH SCHOOL",
    "JACQUELINE KENNEDY-ONASSIS HIGH SCHOOL",
    "REPERTORY COMPANY HIGH SCHOOL FOR THEATRE ARTS",
    "ART AND DESIGN HIGH SCHOOL",
    "PS 59 BEEKMAN HILL INTERNATIONAL"
   ],
   "schools_vintage": "SY2023-24",
   "source": "NCES EDGE",
   "retrieved": "2026-10-20"
  },
  "storms": {
   "county": "36061",
   "years": "2016-2025",
   "events": 45,
   "by_type": {
    "Flash Flood": 20,
    "Thunderstorm Wind": 19,
    "Hail": 4,
    "Lightning": 2
   },
   "property_damage_usd": 114073500,
   "deaths_direct": 0,
   "injuries_direct": 3,
   "note": "county-typed events only; events logged to forecast zones (CZ_TYPE Z: most winter, heat, flood and coastal events) are not counted",
   "source": "NOAA NCEI Storm Events Database, details files",
   "retrieved": "2026-10-20"
  },
  "traffic": {
   "max_aadt": 14500,
   "trucks_aadt": 1926,
   "road": "NYC-E 40th St to I495 EB",
   "class": null,
   "lanes": 1,
   "segments_600m": 40,
   "year": "2024",
   "source": "FHWA HPMS",
   "retrieved": "2026-10-20"
  }
 },
 "parcels": [],
 "url": "https://retrofitatlas.org/office-parks/ny/new-york-219-e-42nd-and-235-e-42nd-st/",
 "photo": null,
 "provenance": {
  "after_notes": "newtypes-extraction",
  "developer": "newtypes-extraction"
 }
}