8 Spruce Street (New York by Gehry), 8 Spruce Street, New York, NY 10038, Manhattan — Condominium, 2011
Photo: Rhododendrites / CC BY-SA 4.0 · via Wikimedia Commons

8 Spruce Street (New York by Gehry)

8 Spruce Street, New York, NY 10038

At a glance
Year built
2011
Type
Condominium
Units
899
Floors
76

8 Spruce Street is Frank Gehry's first skyscraper — and was the tallest residential tower in the Western Hemisphere on opening. The undulating stainless-steel facade has been compared (by Gehry himself) to "laundry caught in the breeze."

Per public records: "It is as majestic as its cross-town rival, the great neo-Gothic Woolworth Building." Nicolai Ouroussoff (NYT): "the finest skyscraper to rise in New York since [Eero Saarinen's] CBS Building."

Status flag: 8 Spruce currently operates as rental. The condominium conversion was abandoned after Blackstone-affiliated entity acquired the retail/residential condo for $930M.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$580,866/yr
Per unit / month range
$0 – $54
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2015–20
SWARMP
2020–25
Safe
2025–30
Due
Next report due
by Feb 2028
On record
$3,000 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Comparable buildings

The Roebling Team at New York by Gehry

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Corey Cohen · The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com


Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.

The neighborhood

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

Considering a move at New York by Gehry?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
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