Smoke could be seen coming from the roof of the 72-story building at 125 Greenwich Street.
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The luxury residential skyscraper has been under construction for at least five years and was delayed during the coronavirus pandemic. It is only now nearing completion.
No injuries have been reported.
Inspectors with the Department of Buildings determined that workers on the building's roof cooling tower were doing welding operations to install brackets to the tower wall when insulation behind the wall caught fire.
The FDNY was called to the scene to put out the fire.
The DOB found that safety measures were not in place during welding operations, which created an unsafe condition that led to the fire.
Inspectors issued a Stop Work Order for all hot work operations at the roof, and violations were issued to the contractor for Failure to Safeguard.
Few other details were released.
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