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Condominium
14 Maiden Lane (The Diamond Exchange)
14 Maiden Lane, New York, NY 10038

14 Maiden Lane (The Diamond Exchange)

14 Maiden Lane, New York, NY 10038

Financial District

BBL 1000640023 · BIN 1001091

At a glance
Type
Condominium
Landmark
No
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As seen inThe Wall Street Journal★ 92 reviews on Google

14 Maiden Lane is a ten-story building completed in 1894 for the diamond trade, now converted into nine condominium residences, one per floor. Each home is listed at about 1,334 square feet, with two bedrooms, a flexible third room and two baths. Asking prices start at $2,580,000, about $1,934 per square foot.

It is a small product in a part of Manhattan dominated by large conversions. Most Financial District office-to-residential projects of the last decade produced hundreds of units in a single building. This one produced nine. Every resident has a private elevator landing, and nobody shares a floor.

The building carries no landmark protection. Records list the year built as 1900, but press and sponsor materials consistently date the design to 1892 and completion to 1894.

Architecture and residences

Gilbert A. Schellenger designed the building for developers Abraham Boehm and Lewis Coon, who acquired the site in 1892 to house jewelers and diamond dealers. Published histories describe the building as among the first in the city with oversized bay windows, set out so dealers could grade stones by daylight. The floors were reinforced to carry jewelry safes. Maiden Lane was then the center of the American diamond trade, which later moved north to West 47th Street.

Diamond Lane LLC bought the building in early 2022 for $9.5 million, when it held artists' lofts and commercial space. Morali Architects led the conversion, with Kiefer & Schuster Engineering on structure and A&D Engineering on mechanical, electrical and plumbing. Department of Buildings records show the work as a set of alteration jobs: interior demolition, structural work including a first-floor horizontal extension and cellar vault reinforcement, a new heating, ventilation and air-conditioning system, and sprinkler and plumbing work. The principal renovation job was signed off on May 12, 2026. The DOB filings list nine dwelling units both before and after the work.

The sponsor lists every floor at 1,334 square feet, the commercial floor included; press releases round to about 1,300. Ceilings rise to 12 feet 6 inches on some floors. Each residence has two bedrooms and a flex room with a folding wall, two full baths (one with a steam shower), an open kitchen with Viking, Bosch and Dacor appliances, a bar with a wine cellar, white oak chevron floors, multi-zone heating and cooling, and a Bosch washer and dryer. The tenth-floor penthouse adds a roof deck with an outdoor kitchen and pergola.

Building services are limited: a virtual doorman, a package room, optional storage and building-wide internet. The sponsor presents the short amenity list as a way to keep common charges low. The lobby chandelier is described in published reporting as having hung in Harrods Buenos Aires.

Offering and pricing

Per the offering plan filed with the New York State Attorney General (plan CD240318, Diamond Exchange Condominium), the plan was submitted November 14, 2024 and accepted November 6, 2025, with Diamond Lane LLC as sponsor; it had not been declared effective as of October 2026, so closings cannot begin yet. The plan covers 19 units: nine residences, one commercial unit and nine storage units. The total offering price was $27,230,000 at acceptance. Amendment 1, accepted January 29, 2026, raised it by $10,000 to $27,240,000, filed a new Schedule A, updated the real estate tax projection and moved the first year of operation to March 1, 2026. The record also lists an initial price of $27,180,000, $50,000 below the price at acceptance. The record does not report units sold.

Published asks:

  • From $2,580,000, the sponsor's stated entry price (about $1,934 per square foot at 1,334 square feet)
  • $2,690,000 for a listing posted in June 2026, unit not identified in listing records (about $2,016 per square foot at the same size)

Press coverage in September and October 2026 put pricing at "just under $2.6 million." No per-floor price schedule or penthouse ask has been published. Higher floors and the penthouse, with its roof deck, will likely price above the entry figure, but the plan's Schedule A sets each unit's price.

No condominium unit lots or sponsor closings appear in ACRIS as of October 2026. City records still classify the lot as a single elevator building owned by the sponsor.

Local Law 97

Compliance status
Below the individual-building threshold

This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.

See full Local Law 97 analysis →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2025–30
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.

Inspection history
2010–15
Safe
2015–20
Safe
2020–25
SWARMP
2025–30
Safe
2030–35
Due
Next window (projected)
by Feb 2032
Assessed · 2005–10 to 2025–30
$12,750 in filing penalties
payment status not in the record
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs are due by the deadline stated in the filing.
UnsafeLatest filing: unsafe conditions requiring corrective action.
How to read this, and where it comes from

QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).

Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2025–30. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.

Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.

See the full facade history →

Recent sales

Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Feb 2, 2022—$9,500,000

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00064-0023; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.

For owners

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What to know if you’re buying

Confirm the plan status. Get the plan's acceptance date, the latest amendment and any change in prices or unit count from the sponsor's attorney. If the plan has not been declared effective, closings cannot begin until it is.

Certificate of occupancy. The conversion was filed as alterations with no change of use or occupancy, and the building already counted nine dwelling units. Ask what certificate of occupancy the building holds, temporary or final, and what your lender will require at closing.

One unit per floor. Every residence has a private landing, and the floors are almost identical in size. Your choice comes down to ceiling height, light and the penthouse roof deck. Price differences should reflect those factors.

Carrying costs. With nine residences, each owner carries a large share of the building's fixed costs: elevator, roof, facade, insurance. The plan's first-year budget sets common charges. Compare the reserve fund to the age of the facade, and ask about Local Law 11 facade inspection timing for a 130-year-old masonry exterior.

Closing costs. In sponsor sales the buyer customarily pays the New York State transfer tax (0.4%, or 0.65% at $3 million or more) and the New York City real property transfer tax (1.425% above $500,000), plus the mansion tax. On a $2,580,000 purchase that is about $10,320 in state transfer tax and $36,765 in city transfer tax, about $47,085 in all, before any gross-up, and $32,250 in mansion tax at the 1.25% tier.

Deposit. Sponsor contracts typically require 10% to 20% at signing, held in escrow. Listing records show a 20% minimum down payment for the building; confirm the financing terms in the plan.

Comparable buildings

  • 67 Liberty Street — on the same block, a condominium of full-floor and duplex homes behind a retained commercial facade
  • 1 Park Row — new-construction Financial District condominium overlooking City Hall Park
  • 1 Wall Street — Financial District office-to-condominium conversion, at a far larger scale
  • 15 William Street — 2008 Financial District condominium, a resale benchmark for the area
  • 130 William Street — 66-story Adjaye-designed condominium completed in 2020
  • 25 Park Row — COOKFOX-designed condominium across from City Hall Park

More Financial District buildings

The neighborhood

For the full corridor — architecture, transit, and pricing across Financial District — read The Roebling Team Guide to Financial District.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com