Midtown’s office-to-residential conversion boom continues. Developer Vanbarton Group announced last week it had acquired the building at 6 East 43rd Street after securing a $300 million loan from Brookfield. Vanbarton plans to convert the 27-story tower, known as the Emigrant Savings Bank building, into 441 apartments, including 111 affordable units.

The affordable apartments will be made possible through the 467-m program, which provides developers a tax exemption on conversion projects if 25 percent of the units are designated affordable.

Vanbarton paid about $140 million for the property. The $300 million loan from Brookfield will finance the acquisition and redevelopment of the property, which will convert the existing office building into a 400,000-square-foot residential tower de

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