45 Broad Street

45 Broad Street

Developers Close On 45 Broad Street, Plan 65-Story Condo Tower, Financial District

6:00 am on October 26, 2015 By Reid Wilson

Back in August, YIMBY brought you news that Madison Equities was in contract for the development site at 45 Broad Street, in the Financial District, and now the developer has closed on the property for $86 million. Madison Equities is partnering with Pizzarotti-IBC to build a 65-story condominium tower, potentially totaling 290,000 square feet. AMS Acquisitions is also a minority investor, and Cetra/Ruddy is designing the project. Completion of the tower is tentatively scheduled by 2019.

45 Broad Street

Madison Equities In Contract For Development Site At 45 Broad Street, Financial District

6:00 am on August 4, 2015 By Reid Wilson

In January of 2014, YIMBY brought you news that 45 Broad Street, in the Financial District, was placed on the market. Now the property is in contract, and Madison Equities, partnering with AMS Acquisitions, is the buyer. The price — expected to be north of $100 million — has not been disclosed. The site has 265,000 square feet of development rights, and a 62-story Nobu Hotel was planned prior to the 2008 financial crisis.

45 Broad Street

For Sale: 45 Broad Street

6:00 am on January 21, 2014 By Nikolai Fedak

Plans for The Nobu Hotel at 45 Broad Street are dead, and the site is up for market by Cushman & Wakefield, per Real Estate Weekly. The plot offers over 260,000 square feet of development…

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