Madison Equities

45 Broad Street Supertall Remains On Hold in Financial District

Next up in our Turkey Week tour of stalled projects is 45 Broad Street, a 1,115-foot-tall residential skyscraper planned to become the tallest such structure in the Financial District. Designed by CetraRuddy and developed by Madison Equities and Gemdale Properties, the slender tower is most notable for its Art Deco-style appointments and sloped ornamental crown. Pizzarotti was formerly involved in the development of the project. It was announced earlier this year that 45 Broad Street will also have a slight height reduction of 80 feet to meet Federal Aviation Administration guidelines, according to the city’s Department of Buildings.

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45 Broad Street Cleared for Potential Supertall Construction in Financial District

As 2019 comes to a close, excavation and foundation work has yet to begin at 45 Broad Street, where the sixth-tallest construction project in New York is set to rise. Designed by CetraRuddy and developed by Madison Equities and Pizzarotti LLC, the residential skyscraper is planned to reach a height of 1,115 feet above the Financial District, just steps from the New York Stock Exchange.

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520 Fifth Avenue

Checking In On Ceruzzi Properties’ Planned 76-Story Skyscraper at 520 Fifth Avenue, in Midtown Manhattan

Set to rise at the northern corner of Fifth Avenue and West 43rd Street, 520 Fifth Avenue is likely to be the first skyscraper along Fifth Avenue to top the 900-foot mark. The project will rise in the heart of Midtown, one street away from the eastern end of Bryant Park. The glass-enclosed tower will have 76 floors and stand 920 feet to its pinnacle. Handel Architects is the architect, and Arthur Hooper of Ceruzzi Properties will be developing in conjunction with SMI USA.

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

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.

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