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8 Spruce Street

8 Spruce Street
New York, NY 10038
718-923-8400
Residential, Multifamily

8 Spruce Street is a 1,109,231 square foot building in the Financial District neighborhood of Manhattan. The property has 898 total units and an occupancy classification of J2: RESIDENTIAL. The building is owned by Forest City Ratner Companies. The building was completed in February of 2011.

  • Address 8 Spruce Street
  • neighborhood Financial District
  • borough Manhattan
  • owner Forest City Ratner Companies
  • developer FOREST CITY RATNER COMPANIES
  • owner entity FC BEEKMAN ASSOCIATES, LLC
  • architect Sf Design
  • PLANS DISCLOSED 11/18/2005
  • dob permit issued 04/27/2012
  • tco issued 02/14/2011
  • DOB FILE PLANS 11/18/2005
  • DOB FILE Link
  • height in feet 870
  • floors 76
  • residential units 898
  • total units 898
  • square feet 1,109,231
  • const. status BUILDING COMPLETE
  • block and lot 1-00100-7502
  • BIN 1087485
For more info, click here
  • Event Sales
  • Address 8 Spruce Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 100,000
  • Price $ 76,400,000
  • Price per foot $ 764.00
  • Publication Date 02/01/2013
  • Event Date 12/23/2012
  • Party 1 FC Beekman Associates LLC
  • Party 2 New York City School Construction Authority
notes
The first five stories of New York by Gehry sold for $76.4 million. The space will continue to house the PS 397 Spruce Street School.
For more info, click here
  • Event Financing
  • Building Name Beekman Tower
  • Address 8 Spruce Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 1,100,000
  • Publication Date 05/01/2008
  • Event Date 03/22/2008
  • Party 1 Forest City Ratner
  • Party 1 Brokerage Forest City Ratner
  • Party 1 Broker Andrew Silberfein
  • Party 2 Eurohypo AG, Nord/LB, ING Real Estate Finance, Fifth Third Bank, RBS Citizens, National Electrical Benefit Fund
notes
A $680 million construction loan was arranged for the project, which will include 904 apartments, a school, an ambulatory care center, 1,300 square feet of retail and a 175-car parking garage. The New York City Housing Development Corporation is issuing the $680 million in bonds, with $204 million coming from the New York Liberty Bond Program. 76-story mixed-use building.

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Today, FirstService has 285 Manhattan buildings, up from 200 in 2009, with another 215 buildings in the Bronx, Brooklyn, Queens and Staten Island. Other high-profile buildings it manages include New York by Gehry, a 900-unit rental at 8 Spruce Street in the Financial District...

For the record
01/03/2012
The lofty One57 condo tower, which broke ground about six months ago, is slated to become the city’s tallest residential building at 1,000 feet, eclipsing the current residential giant: the 870-foot New York by Gehry at 8 Spruce Street...