William Beaver House

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15 William Street, New York City, NY

William Beaver House

Accents of yellow feature proudly on William Beaver House
Building Information
Developer André Balazs
Architect Tsao & McKown
Number of Units 319
Number of Floors 47
Year Built 2008
Construction Method Concrete
Type of Roof IRMA
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15 William Street, New York City, NY
Distance to Public Transit Less than one block
Region New York City
Municipality New York City
Zoning C5-5
Title of Land Condominium



The distinctive William Beaver House is noted for its facade of dark gray bricks highlighted by a random cascade of yellow bricks. It was designed by noted celebrity developer André Balazs, who has created numerous hotels including the Mercer in New York City. It has received mixed non-scientific reviews by residents of Manhattan referring to the yellow highlights as 'melted butter' on top and also as the 'post-it-note' building.

The William Beaver House is so named due to its location in the Financial District at the intersection of William Street and Beaver Street. It is a study in hotel-inspired comfort and presents a wide range of amenities for its residents. The Manocherian family began building a rental development on this site in 2004. However, SDS Investments purchased the property for $90 million in 2005 and brought in André Balazs to co-develop the project. William Beaver House was originally intended to become luxury high-rise condominiums, but its focus changed when 209 units were converted to rentals in February 2011 due to sluggish sales.


William Beaver House is located in the heart of the Financial District of Manhattan at the five point intersection of William and Beaver Streets. It occupies one of the five points just steps away from Wall Street, the New York Stock Exchange, and the World Trade Center memorial site. Residents have views in all directions including both water and city-scapes.

This 47 story structure easily meets a Walk Score website rating of 100 out of 100 for both pedestrian access to services and the short distance to public transit. It is near Hanover Square, Bowling Green, Liberty Plaza, and Battery Park. Restaurants and coffee bars abound in the area and residents also have easy access to groceries. More than a dozen schools and libraries are within a quarter of a mile of William Beaver House.[1]


Completed in 2008, William Beaver House took a postmodern inspiration to add contrasting colored brick to what may have become an otherwise dull grey facade. As such, the accents produced by the bright yellow brick along with the subtle curves and sharp angles of its facade, makes this a distinctive building in the Financial District. The notion of the 'golden brick' accents may have been intended to suggest a pot of gold at the end of their dreams for potential residents.

Within its walls, 319 apartments include ten duplex 'townhouses' with terraces. Also within the total, there are 48 custom furnished units as well as numerous one and two bedroom units. All apartments are designed to allow lots of ambient light into the units through high windows within the 9'8" high ceilings.

Layout and Features

William Beaver House was inspired by hotelier and developer André Balazs whose prestige comes from his other hotel developments, among them, the Mercer in SoHo and the Chateau Marmount in Hollywood.

This feature-rich building has been intended to define the highest level of all-inclusive residential living nestled into the unique and historic Financial District of Manhattan. Athletic facilities include squash, handball, basketball, and tether ball courts, a 50 foot lap pool, and even a covered dog run. A Doorman and Concierge are in attendance in the lobby. The Lobby Lounge offers a menu of items and is open to the general public. The rooftop Sky Lounge and terrace, a screening room, and a party room are also featured.

Floor Plans

The William Beaver House boasts 188 floor plans. Although too many to display, here are some standard selections:


William Beaver House offers residents many amenities from fitness, squash courts, spa, and pool facilities to a screening room, spacious lobby and lots of light with floor to ceiling windows. Residents can also enjoy the Sky Lounge and Sun-deck on the roof.

Additional amenities include basketball, racquetball, and tether ball courts; outdoor hot tub and rain-forest shower; a covered dog run, valet parking, and Abigail Michaels concierge services.


William Beaver House Bylaws
Rentals Yes
Pets Yes
Age No

Having nearly faced foreclosure prior to shifting its focus to rental units, William Beaver House has be re-defined. 209 units have been converted to allow rentals in a prestigious area of Manhattan. Pied-a-terre and pets are also allowed.

The lack of balconies makes the use of a barbecue impractical, but so many restaurant options are nearby, that may seem a small matter.


A 'Green' approach was strongly considered during the design and construction of William Beaver House. Although some energy efficient measures were incorporated during the construction, it fell upon the building and its residents to introduce further sustainable measures.

Along comes John Sarich, the resident manager of William Beaver House. The building was not considered 'green' when he first arrived, but Sarich had been taking conservation courses prior to his assignment at William Beaver House and used his ingenuity and on-the-job training to transform the building.

Sarich retrofitted many of the building's light fixtures using an implementation of LEED certified light fixtures, timed lighting, and motion sensors. Many back areas of the building had very little traffic and previously, those areas had been lit all day. Some areas were retrofitted with compact fluorescent lamps. Hallways display b-level lighting dimming to a lower glow during the night. The building only uses 'green-seal' products. Sarich also implemented a steam recovery system and now the pool operates at about one third of the original cost prior to its installation.

John Sarich has been recognized nationally for his accomplishments and has received an EBie award from the US Green Building Council. However, Sarich isn’t looking for recognition. Sarich’s green thumb has certainly left an impact on his building, its residents, and the Financial District.[2]


  • During Hurricane Sandy, John Sarich was again a subject of a news report. As the superstorm surged into New York, he coordinated his porters equipped with flashlights to go through the 47 floors of the building to check on the residents. He noted that, despite the order to evacuate, most people stayed put. One pregnant woman in the building started having contractions and before the power went out, Sarich nervously researched how to deliver a baby on the internet. Fortunately, the woman was able to find a cab to take her to the hospital and John Sarich's new found knowledge did not need to be tested.[3]


  1. Walk Score
  2. New York Press
  3. KAAL TV Article

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