7 Hanover Square, Manhattan
Condominium · built 1983 · Block 30, Lot 7501.
Building permits
- No Work, filed Aug 21, 2026, described as “Alger's Anniversary - September 2, 2026 - 5:30PM - 11:59PM - 85 Guests”
- Alteration, filed Jul 14, 2026, estimated cost $81K, described as “Propose to perform plumbing and sprinkler work. No change in use, egress or occupancy.”
- Alteration, filed Jul 10, 2026, estimated cost $220K, described as “Propose to perform mechanical work. No change in use, egress or occupancy.”
- Alteration, filed Jun 5, 2026, estimated cost $498K, described as “Propose to perform install mechanical condensing units. No change in use, egress or occupancy.”
- Alteration, filed May 15, 2026, estimated cost $253K, described as “Propose to perform interior renovation of non-load bearing partitions. No change in use, egress or occupancy.”
- Alteration, filed May 6, 2026, estimated cost $1K, described as “Non advertising, accessory, non illuminated business sign on wall. Sign wording: 50 water street”
- Alteration, filed Jan 12, 2026, estimated cost $1.3M, described as “Interior renovation consisting of demolition and construction of non-load bearing partitions & lighting. No change in use, egress or occupancy.”
- Alteration, filed Jan 12, 2026, estimated cost $108K, described as “Propose plumbing and sprinkler modifications as per drawings filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Jan 12, 2026, estimated cost $418K, described as “Propose mechanical work as per drawings filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Aug 11, 2025, estimated cost $325, described as “Install exterior non-illuminated wall sign (PICKLE1)”
- Alteration, filed Jul 22, 2025, described as “Installation and use of temporary suspended scaffold for facade inspection and minor repairs. No change to use, egress, or occupancy under this application”
- Alteration, filed Jul 15, 2025, estimated cost $1K, described as “Installation and use of temporary sidewalk shed equipment as per plans filed herewith. No change to use, egress or occupancy under this application.”
- Alteration, filed Jun 11, 2025, estimated cost $5K, described as “Temporary tent for an event in the accessory terrace. Removed at the end of the programing. No changes to existing structures, use or egress”
- Alteration, filed May 8, 2025, estimated cost $230K, described as “Alteration for interior work to non-bearing partitions on first floor (no change in bulk, use, occ or egress).”
- Alteration, filed Feb 24, 2025, estimated cost $15K, described as “Propose to perform plumbing and sprinkler work. No change to use, egress or occupancy.”
- Alteration, filed Feb 24, 2025, estimated cost $250K, described as “Propose to install HVAC units. No change to use, egress or occupancy.”
- Alteration, filed Jan 16, 2025, estimated cost $150K, described as “Propose to install new interior partitions. No change to use, egress or occupancy.”
- Alteration, filed Oct 23, 2024, described as “Installation of outrigger for facade repair & inspection.”
- Alteration, filed Oct 22, 2024, estimated cost $3K, described as “Installation of a temporarily heavy-duty sidewalk shed per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Sep 24, 2024, estimated cost $5K, described as “Temporary tent for an event in the accessory terrace, for rain contingency. Removed at the end of the programing. No changes to existing structures, use or egress”
- No Work, filed Sep 18, 2024, described as “Alger's 60th Anniversary - September 26, 2024 - 5:00PM - 11:59PM - 300 Guests”
- Alteration, filed Aug 20, 2024, estimated cost $19K, described as “Limited Interior renovation to existing office space at 21st floor and 23-25 floor , remove partition .all as per plan no change in use egress or occupancy .”
- Alteration, filed Jul 24, 2024, estimated cost $375, described as “Install exterior non-illuminated wall sign (the hungry pearl)”
- Alteration, filed Jul 24, 2024, estimated cost $375, described as “Install exterior non-illuminated double faced blade sign on wall (the hungry pearl)”
- Alteration, filed Jul 24, 2024, estimated cost $250, described as “Install exterior non-illuminated double faced blade sign on wall (the hungry pearl)”
101 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $161,642,754
- 2026–27 tax
- $3,660,365
- Market value (city estimate)
- $359,206,105
- Taxable value
- $61,387,357
- Assessed land
- $23,340,154
- Assessed improvements
- $138,302,600
- Condo units with their own tax lots
- 15
Tax breaks
- Nonprofit exemption (charitable), with no end date, about $998,414 a year below the full tax.
- Nonprofit exemption (mental or moral improvement), with no end date, about $419,828 a year below the full tax.
Zoning
C5-5: floor area ratio 20.46 built, above the 15.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29). FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 11 ft (NAVD88).
Recent sales
- Oct 17, 2022: $8,062,936, Apt OU2
- Oct 5, 2020: $15,518,621, Apt OU4, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
100 Pearl Street’s Exterior Overhaul Progresses in the Financial District, Manhattan, New York YIMBY, May 4, 2021.