The renovation of the bathroom at the top of the Laundromat is expected to cost $150 million, according to the firm that owns the building.
The remodel will bring a brand-new bathroom and remodeled living area with a new shower.
The renovations will also include the addition of a new kitchen, according the company that owns it.
The Laundries has an average rent of $1,721 per month.
The building, which has a total of 13 floors, is a 100-year-old building owned by the Federal Deposit Insurance Corp.
It’s not known if the renovation will affect any other tenants.