Retrofit Atlas

Office parks · New York

21 West Street

Imported, unreviewedReinhabitedRetrofit builtNew York City, NY

Converted 1929 office tower (Le Rivage Apartments) in Lower Manhattan; housing market shows strong rent growth but no current occupancy data. · summary, model-written

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Site profile7 elements · what this site is built with · tap a chip for the evidence

Place
3+ other atlas sites within 10 kmThis site: 28 within 10 km computed · all sites with this
County lost 10%+ of retail establishments since 2012This site: -21% census-cbp · all sites with this
County permitting 2,000+ apartment units a yearThis site: 4,463 units, New York County census-bps · all sites with this
County typical rent $2,000+This site: $4,779/mo zillow · all sites with this
Shrinking countyThis site: -0.3% census-acs · all sites with this
Strategy
ReinhabitedThis site: Le Rivage Apartments record · all sites with this
New use
HousingThis site: Le Rivage Apartments newtypes-extraction · all sites with this

All elements and lists · Trends

Now

StatusRetrofit builtWikipedia no source
StrategyReinhabitedWikipedia no source
New useshousingWikipedia no source
What is there nowLe Rivage Apartmentsnewtypes-extraction reported
DeveloperRose Associatesnewtypes-extraction

History and original facts

Original developer21 West Street Corporationnewtypes-extraction reported
Anchorslawyers, transport companies, import/export companies, Gibbs & Cox, Peruvian consulate in New York City, Moran Towing and Transportation Company, Shepard Steamship Company, Hedger Transportation Corporation
CountyNew York County
Census division2 · Mid-Atlantic
NotesDraft from Wikipedia, model-extracted, unreviewed: 21 West Street was built as a speculative office tower in 1931 and converted into the 293-unit Le Rivage apartment building in 1997.

Not yet recorded: acres, GLA, year opened, retrofit year. Know it? Tell us.

Planning

No zoning change, subsidy or policy tool recorded for this site.

Before and after

Before: the mall

ArchitectStarrett & van Vleckquote

After: the retrofit

Nothing extracted yet.

Hover "quote" to see the sentence each value came from. Planned figures are labelled planned. Method.

Site context

Housing permits, New York County (NY), 20244,463 units in 5+ unit buildings, 4 in 2–4, 0 single-family; 2023: 3,018 in 5+Census BPS
Other atlas sites nearby28 within 10 km, 36 within 25 km: The Mall at the World Trade Center (0.6 km); 25 Water St. (0.6 km); Hudson Terminal shopping concourse (0.7 km); 111 Wall St. (0.7 km); 99 John Street (0.8 km)computed
Retail trade in the county, 2025 (BLS QCEW)123,585 jobs in 9,169 establishments; average annual pay $79,593; employment location quotient 0.50; employment +1.2% on the yearBLS QCEW 2025, NAICS 44-45, private
Jobs located in the tract, 202247,989 jobs; 1,073 in retail trade, 2,397 in accommodation and food (workplace blocks summed to tract 36061001300)Census LEHD LODES8 WAC 2022
Upward mobility (Opportunity Atlas, 2010 tract)children of low-income (25th percentile) families reached the 32nd income percentile as adults; 2.5% incarcerated at the 2010 count (27 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)not a low-access tract at 1 mile; poverty rate 3.8%; median family income $200,732; 0 SNAP householdsUSDA ERS
SchoolsNew York City Department Of Education (PK-12); 22 public schools within 1 mile: JOHN V LINDSAY WILDCAT ACADEMY CHARTER SCHOOL; LEADERSHIP & PUBLIC SERVICE HIGH SCHOOL; HIGH SCHOOL OF ECONOMICS & FINANCE; MURRY BERGTRAUM HIGH SCHOOL FOR BUSINESS CAREERSNCES EDGE
Elevation8 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-202545 county-logged events: 20 flash flood, 19 thunderstorm wind, 4 hail, 2 lightning; $114,073,500 property damage reported; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events
Homes for sale in ZIP 10006, 2026-09median list price $955,250 (-27.6% on the year); 40 active listings; median 97 days on market; 9% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 20239,268 establishments (-21%); 115,257 jobs (-21%)Census CBP
Housing market in the countytypical home value $1.2M (+3% 1 yr, -10% 5 yr); typical rent $4,779/mo (+6% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)14,500 vehicles a day on MTA-I478 NB to Greenwhich St; 1,926 trucks; 40 counted segmentsFHWA HPMS

Summary, model-written

21 West Street (Le Rivage Apartments) is a 33-story building in Lower Manhattan's Financial District, built 1929–1931 as a speculative office tower. Converted to housing in 1997, it now operates as apartments. Developer Rose Associates completed the retrofit.

Why. Strategy: 'reinhabit' (retrofitting existing structure). Housing market: ZHVI $1.25M (2026-09), ZORI $4,779/month (2026-09). Median rent $2,132 noted in analysis.

Where it stands. Built and operating. Peer comparisons show 6.0–6.5 scores for similar 'reinhabit' conversions within 5km (e.g., 99 John St., American Thread Building).

For a planner

  • Adjacent to operating mall (The Mall at World Trade Center, 0.6km) and under-construction projects (25 Water St., 0.6km).
  • Permits show 4,463 units added in 2024 (mostly 5+ units).
  • Retail establishments declined 20.7% (2012–2023), but housing market shows 5.7% annual rent growth.

For a developer

  • Retrofit already completed; no new construction needed.
  • Housing market data shows strong demand (ZORI $4,779, 5.7% annual growth).
  • No current occupancy rate or current rent data provided.

What we do not know yet

  • No current occupancy rate or current rent data.
  • Traffic data shows 14,500 ADT on MTA-I478, but no impact on housing demand assessed.
  • Peer scores (6.0–6.5) are based on strategy/size/distance only; no financial metrics provided.

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Similar sites

  • 99 John Street, New York City, NY · Office parks · same strategy: reinhabit; also in NY; 1 km away
  • Sofia, New York City, NY · Other · same strategy: reinhabit; also in NY; 8 km away
  • Gilsey House, New York City, NY · Other · same strategy: reinhabit; also in NY; 5 km away
  • American Thread Building, New York City, NY · Industrial sites · same strategy: reinhabit; also in NY; 2 km away

Elsewhere on the web

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Multifamily screen

  • retrofit already built
  • median rent $2,132
  • housing in the record

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

Background

21 West Street, also known as Le Rivage Apartments, is a 33-story building located in the Financial District of Lower Manhattan in New York City, on Morris Street between West Street and Washington Street. It was built in 1929–1931 as a speculative office tower development in anticipation of an increased demand for office space in Lower Manhattan. The building was converted into apartments in 1997 and was renamed Le Rivage. The building has an Art Deco design with many lavish architectural finishes and a series of setbacks which taper toward the top floors. It was designed by Starrett & van Vleck, who at the same time designed the adjacent Downtown Athletic Club.

Excerpt from Wikipedia (authors and history), CC BY-SA 4.0. May be older than the record above.

Sources

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