Work Continues for 45 Broad Street, the Financial District’s First Impending Residential Supertall

45 Broad Street, image by CetraRuddy

Located to the south of the New York Stock Exchange on a narrow rectangular strip of land along Broad Street, the Financial District’s first residential supertall will soon rise at 45 Broad Street. The tower will eventually soar 1,115 feet above the crowded streets of Lower Manhattan, and should make a very dramatic impact on the skyline in the coming years. Clad with bronze-colored aluminum panels and an intricate mix of sleek vertical and curved lines, it is the 5th-tallest skyscraper currently under construction in New York City. CetraRuddy is the architect, while the developers are Madison Equities and Pizzarotti LLC.

As of right now, there are two pile drivers, two excavators, and multiple large hollow pipes that are being pounded into the earth to form a stable foundation before the superstructure rises. Since excavation for 45 Broad started back in May, progress has been a little slow given the logistical difficulties of bringing materials in and out of the site. The front elevation sits along a section of Broad Street where vehicular traffic is limited, and must pass through a security checkpoint. The only other road that leads to the site is in the rear, accessible through a garage door that’s part of the residential tower at 15 William Street.

45 Broad Street through a small opening in the construction fence. Photo by Michael Young

Close up of the excavators. Photo by Michael Young

The bottom floors will have the main entrance, offices, and amenities. The residential units will start 240 feet above street level, and go up as high as 950 feet, before yielding to the sloped crown decorated with a weave of thin overlapping bronze panels. People living in the building will be able to see the entire skyline of Lower Manhattan, the confluence of the Hudson and East Rivers, Jersey City to the west, Brooklyn to the east, and views of the Verrazano Narrows Bridge to the south.

The north elevation of 45 Broad Street. Rendering via CetraRuddy

Amenities include a full floor fitness facility with a yoga studio, a boardroom, a children’s playroom, a communal lounge, a catering kitchen, and multiple interspersed outdoor terraces. There will also be a swimming pool with a sauna & treatment rooms, an outdoor garden, a dog run, and bicycle storage. The public will gain a new entrance point to the J and Z trains along Broad Street that will come with an elevator, and be ADA accessible.

45 Broad Street, Observation Level, image by CetraRuddy

45 Broad’s position among the skyline will put it far enough from other tall buildings like 40 Wall Street, 60 Wall Street, 70 Pine Street and 20 Exchange Place, so that it stands unchallenged in both height and architectural design.

Completion of the project is expected around 2021, but that means vertical ascension has to happen sometime before next summer.

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TFC Horizon

6 Comments on "Work Continues for 45 Broad Street, the Financial District’s First Impending Residential Supertall"

  1. Please pardon me for using your space: Please spread details of progress on the tower, it can’t be out of sight with supertall and beautiful design from base to final. (Thanks to Michael Young)

  2. i believe Gemdale USA Corporation is the third partner in the project.

  3. “Since excavation for 45 Broad started back in May, progress has been a little slow. . .um, that is, glacial. . .”

  4. I used to live in the area. There has been absolutely not material progress on this building in the past 2 years other than pilings being drilled. I suspect the Chinese-backed financing fell through.

  5. The sight’s completely empty & quiet now, maybe related to leaning tower of pizzaroti situation on maiden lane. Does anybody have good color on what’s going on, either wrt here or there?

  6. It’s early July and still no further progress. I suspect David is on to something re: financing.

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