Revealed: 55 Broad Street
By: Nikolai Fedak on March 11th 2014 at 6:00 am
Several details regarding a potential tower at 55 Broad Street were discussed by Lois Weiss at the New York Post last month, and now YIMBY has the first vague renderings of the tower, courtesy of an anonymous tipper. Rudin Management is developing the site, and FX Fowle is the architect of record.
The site is located in the heart of the Financial District, and has development rights of 388,000 square feet; the massing diagram depicts a 53-story tower that would stand nearly 750 feet, which would make it one of the tallest skyscrapers in Lower Manhattan. The William Beaver House — which stands 527 feet — is rendered adjacent to 55 Broad Street in the massing study.
While 55 Broad Street could rise over 50 stories as-is, the lot has additional potential, thanks to the failure of the initial plans for the Nobu Tower, at 45 Broad Street. The two sites could potentially be combined, and the resulting tower’s air rights would total approximately 650,000 square feet, and an assemblage of that size could rise significantly taller than the current plans.
The ‘supertall’ milestone has proven daunting for residential developers in Lower Manhattan, though several buildings will approach the mark; 30 Park Place, 22 Thames, 56 Leonard, and 101 Murray Street are all slated to stand between 800 and 1,000 feet tall. If the Rudins manage to acquire 45 Broad, 55 Broad Street could approach supertall status.
No completion date for the site has been announced, and given the existing 35-story office building must be demolished before work proceeds, construction is a long ways off; still, the potential is there, and demolition of the current 55 Broad Street appears to be imminent.
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