Vanbarton Group’s Richard A.C. Coles is in the running to be the king of New York City’s residential conversions. The developer has converted the drab office building in the Financial District at 160 Water Street into sleek luxury apartments. The firm has three more New York City office projects underway at 77 Water Street, 1011 First Avenue and 6 East 43rd Street. It has another one in Seattle.  Vanbarton’s conversion mania is, in part, spurred by 467M, a tax incentive passed in the New York state legislature in 2024.   “Once that happened, it really gave that shot in the arm […]

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