Residential Plans Explored For 20 Broad Street, 27-Story Office Building In The Financial District
Vornado Realty Trust is exploring the idea of converting the 27-story, 473,000 square-foot office building at 20 Broad Street, in the Financial District, into residential units, according to Crain’s. Vornado may decide to keep the building as office space, but could also purchase and demolish the building once New York Stock Exchange vacates the building next year; their lease of 381,000 square feet expires in August. Currently, Vornado ground-leases the property.