Lower Manhattan’s 100 Gold Street Plan Enters Public Review With 4,000 Homes Proposed
The city’s redevelopment plan for an aging government office site includes about 1,000 permanently affordable homes and a public environmental review, with the next scoping meeting scheduled for Oct. 29.
By Isabella Morales · October 12, 2026 · 3 min read
NEW YORK — A city-owned office property in the Financial District is moving into public review with a proposal for roughly 4,000 homes, offering a concrete example of Lower Manhattan’s shift toward residential use. The New York City Economic Development Corporation said Sept. 22 that the redevelopment of 100 Gold Street would include about 1,000 permanently affordable, rent-stabilized homes. The plan is still in review, with construction not yet underway.
The existing 100 Gold Street building houses city agencies, including the Department of Housing Preservation and Development, and the city selected GFP Real Estate through a competitive request for proposals. NYCEDC says proceeds from the mixed-use redevelopment would fund relocation of those agencies into modern offices, with the project structured at no cost to the city. The redevelopment is also slated to include a replacement older-adult center, public-realm improvements and a publicly accessible fitness center with community programming.
The regulatory milestone is the start of environmental review, not final land-use approval. NYCEDC’s project page lists an Oct. 29 public scoping meeting on the draft scope for an environmental impact statement, with written comments accepted through Nov. 9. The agency says the process is expected to continue this fall, with the project anticipated to enter the Uniform Land Use Review Procedure in 2027. The scoping stage invites the public to identify what the environmental study should examine; it is not a final decision on the project.
The proposal would add housing while relocating government offices and creating new community space, but the city’s announced unit count remains a plan rather than completed housing. The environmental scoping process will give residents and other stakeholders an opportunity to comment on what the review should study before the project advances to the next land-use stage. The redevelopment’s eventual design, schedule and impacts will be shaped through that public process, which is expected to continue into the city’s formal land-use review in 2027.