# 1 Centre Street, Manhattan

Commercial · built c. 1914 · Block 121, Lot 1.

On Umarelli: https://umarelli.org/nyc/1001210001/1-centre-street

More construction in Civic Center: https://umarelli.org/nyc/manhattan/civic-center.md

## Building permits

- Alteration, filed Apr 3, 2026, estimated cost $15K, described as “Installation of temporary pipe scaffold as per plans. Pipe scaffold shall comply with chapter 33 of the 2022 NYC building code. No change in use, egress or occupancy under this application.”
- Alteration, filed Mar 28, 2026, estimated cost $30.0M, described as “Interior gut renovations to the existing 9TH floor, work shall include the installation of new non-load bearing walls, new finishes. No change in use, occupancy, egress or bulk being proposed by this application.”
- Alteration, filed Mar 27, 2026, estimated cost $320K, described as “Installation of new fixtures to accommodate new tenant fit-out.”
- Alteration, filed Mar 26, 2026, estimated cost $6.0M, described as “Modifications to the 9th floor for new tenant fit-out.”
- Alteration, filed Mar 24, 2026, estimated cost $2.0M, described as “Observation Deck Renov: Stone cleaning, Install Glass barrier, Protection netting replacement, Stone pointing, Railing repair, Roofing replace @ 36 fl, install roof waterproofing @39 fl, Stone crack, spall & dutchman repair. Rusting anchor…”
- Alteration, filed Feb 26, 2026, estimated cost $1.5M, described as “Interior renovation and conversion of office space to daycare facility. Installation of non-load bearing partitions, new finishes, new doors. Installation of associated mechanical equipment to accomodate design (filed separately). Acquire…”
- Alteration, filed Feb 18, 2026, estimated cost $115K, described as “Sprinkler work as shown on plans submitted herewith. No changes to use occupancy or egress as of right.”
- Alteration, filed Feb 18, 2026, estimated cost $362K, described as “HVAC work as shown on plans submitted herewith. No change to use, egrees, or occupancy as of right.”
- Alteration, filed Feb 18, 2026, estimated cost $92K, described as “Structural Work as shown on plans submitted herewith. No change to use, egress or occupancy as of right.”
- Alteration, filed Feb 18, 2026, estimated cost $185K, described as “Plumbing work as shown on plans submitted herewith. No change to use, occupancy or egress as of right.”
- Alteration, filed Jan 14, 2026, estimated cost $256K, described as “Remove and install interior partitions and doors at 21 FL north side. NO CHANGE TO USE, EGRESS, OR OCCUPANCY.”
- Alteration, filed Jan 8, 2026, estimated cost $18.7M, described as “Interior renovation of office space on the 25TH floor and replacement of 24TH floorand 25TH floor roofs, including requirement for 42 high fall protection and tiehooks. No change to use, egress or occupancy.”
- Alteration, filed Nov 24, 2025, estimated cost $26.2M, described as “Modernization of elevators and elevator equipment renovation of elevator machine rooms. All as per plans filed herewith. No change in use, egress or occupancy”
- Alteration, filed Oct 2, 2025, estimated cost $150K, described as “Install new sprinkler system for new tenant fit out as per plans for the south side of the building on the 21st floor only under this application.”
- Alteration, filed Sep 19, 2025, estimated cost $1.3M, described as “Remove and install interior paritions, doors and ceilings at 12 floor data center. No change to use, egress, or occupancy.”
- Alteration, filed Jul 24, 2025, estimated cost $2.7M, described as “Remove and install new chilled water lines from central mechanical room (chiller room) to new Data Center. Provide new backup 30-ton computer room air conditioning unit (CRAC) and five 5-ton in-row CRAC units. Minor modifications to…”
- Alteration, filed May 22, 2025, estimated cost $1.2M, described as “Remove and install interior partitions, floors and ceilings. NO CHANGE TO USE, EGRESS OR OCCUPANCY.”
- Alteration, filed May 9, 2025, estimated cost $150K, described as “Interior gut renovation to the entire 9th floor. Removal of non-bearing partitions, finishes, doors and fixtures.”
- Alteration, filed Sep 12, 2024, estimated cost $658K, described as “The intent of this project is to replace (8) existing steam pressure reducing valves and associated piping. Upgrade existing controls with (4) new automatic duty cycle control panels .”
- Alteration, filed Jun 4, 2023, estimated cost $167K, described as “Add partition walls in existing open office . No change to use, egress and occupancy”
- Alteration, filed Jul 12, 2022, estimated cost $658K, described as “The intent of the project is to replace (8) existing steam pressure reducing valves and associated piping. Upgrade existing controls with (4) new automatic duty cycle control panels”
- Alteration, filed Oct 1, 2021, estimated cost $49K, described as “Installation of new toilet, shower, lavatory, and pantry sink.”
- Alteration, filed Sep 29, 2021, estimated cost $88K, described as “Demolition of existing ductwork. Installation of new ductwork based on new architectural layout. New bathroom exhaust fan.”
- Alteration, filed Jan 13, 2020, estimated cost $40K, described as “Sprinkler-install 6 heads and associated piping in 7th floor comptroller's data processing room. Plumbing-provide and install floor drains, trap primers. HVAC make up water. No change to use, egress or occupancy under this applciation”
- Alteration, filed Dec 18, 2019, estimated cost $580K, described as “Provide and install an HVAC system for the comptrollers Data office on the 7th floor. New units, ductwork, piping, dampers, controls, chiller, condenser water pumps,fans, etc. No change to use, egress or occupancy under this applciations”

1 more, older permit is in this building’s full list on the map: https://umarelli.org/nyc/1001210001/1-centre-street.

## Property taxes

- Assessment: $94,114,800
- Market value (city estimate): $209,144,000
- Taxable value: $0
- Assessed land: $15,615,000
- Assessed improvements: $78,499,800

## Zoning

C6-4: floor area ratio 21.05 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Landmarks

Part of Municipal Building (Individual Landmark). 50 Landmarks Preservation Commission permits are on file.

## Board and land use applications

- MCENNA SQ HSES (City Planning P1980M0536): Completed, decided Sep 18, 1980. P&P/LDA-MCKENNA SQ HSES IN WASHINGTON HEIGHTS(ART V, SECT 8\*& 221(D)(4),142 DU'S)

## In the news

[Centre 360 Public Observatory Opens Atop David N. Dinkins Municipal Building At 1 Centre Street in Lower Manhattan](https://newyorkyimby.com/2026/06/centre-360-public-observatory-opens-atop-david-n-dinkins-municipal-building-at-1-centre-street-in-lower-manhattan.html), New York YIMBY, Jun 11, 2026.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology