New York permits — week of 2026-05-18

A $51 million office conversion at 80 Broad Street is the week's headline move, signaling continued momentum in Manhattan's financial district repositioning play. NYC Parks dropped $13.5 million on open space at Flushing Meadows, and the School Construction Authority is putting $10 million into a Brooklyn school — together, public-sector spending accounts for a surprisingly large share of this week's $378 million total. With 1,898 permits filed and alteration work dominating at 83% of volume, this is a city grinding through its existing building stock, not racing to build new.