HomeDiagramsDatabaseMapsForumSkyscraper Posters
     

Go Back   SkyscraperPage Forum > Global Projects & Construction > Supertall Construction

    

45 Broad Street in the SkyscraperPage Database

Building Data Page   • Comparison Diagram   • New York Skyscraper Diagram
New York Projects & Construction Forum
            
View Full Map

Reply

 
Thread Tools Display Modes
     
     
  #101  
Old Posted Jan 21, 2014, 2:22 PM
Hypothalamus's Avatar
Hypothalamus Hypothalamus is offline
Homo sapiens sapiens
 
Join Date: May 2012
Location: 3rd planet from the Sun
Posts: 1,667
New York YIMBY:

For Sale: 45 Broad Street
BY: NIKOLAI FEDAK ON JANUARY 21ST 2014 AT 6:00 AM

Quote:
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 rights, and if the occupant is super-luxury residential, the final product could be quite tall.
...


__________________
“If I have done the public any service, it is due to my patient thought.” ― Isaac Newton

~ My Stamford, CT Thread ~~ My Danbury, CT Thread ~
Reply With Quote
     
     
  #102  
Old Posted Jan 22, 2014, 5:28 PM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 36,158
http://www.rew-online.com/2014/01/22...lad-note-sale/

Tallest tower site expected to fetch $200M+


January 22, 2014

Quote:
Cushman & Wakefield is marketing 45 Broad Street, a development site in the Financial District that offers 264,200 s/f of FAR for residential and/or commercial use.

The site could hold a super-luxury residential or mixed-use property. An investor has the opportunity to construct a new tower within the C5-5 Special Lower Manhattan zoning district, which has no specified height restriction.

Based on initial architectural studies, the site can support a 45- to 50-story tower.


__________________
NEW YORK. World's capital.

“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
Reply With Quote
     
     
  #103  
Old Posted Mar 4, 2014, 12:45 PM
Perklol's Avatar
Perklol Perklol is offline
BANNED
 
Join Date: Apr 2013
Location: Somewhere
Posts: 1,460
Reply With Quote
     
     
  #104  
Old Posted Mar 4, 2014, 1:07 PM
hunser's Avatar
hunser hunser is offline
don't *meddle*...
 
Join Date: Feb 2009
Location: New York City / Wien
Posts: 4,017
Quote:
Originally Posted by Eveningsong View Post
That's very good news. If the developer decides to grab the adjacent site too, we are looking for a supertall here, minimum. Also there's no height limit and the location couldn't be more prime for Lower Manhattan.
Reply With Quote
     
     
  #105  
Old Posted Mar 4, 2014, 1:41 PM
Hypothalamus's Avatar
Hypothalamus Hypothalamus is offline
Homo sapiens sapiens
 
Join Date: May 2012
Location: 3rd planet from the Sun
Posts: 1,667
Quote:
Originally Posted by Eveningsong View Post
New York Post:

Developer wants to bring modernity to Broad Street tower
By Lois WeissMarch 3, 2014 | 5:23pm

Quote:
Developer Bill Rudin is plotting the redevelopment of 55 Broad St. into a new, modern mixed-use tower, The Post has learned.

Prompted by the diversification of downtown and a residential population beginning to pay top dollar for apartments, sources say the third-generation developer has already hired FXFOWLE to research the feasibility of redeveloping the current 35-story, 402-feet-tall office structure into a 53-story, 742 feet-tall mixed-use building.

Such a building could include retail, technology-focused office space and ritzy apartments in an energy-efficient tower designed for the prominent site on the northeast corner of Broad and Beaver streets.

Coincidently, Cushman & Wakefield is marketing 45 Broad, the adjacent stalled site to its north, where Robert De Niro once planned a hotel. That site can host a tall but slender tower with views to the Statue of Liberty because there are no height restrictions in the area.

But it is entirely possible that Rudin is planning a tower play and will be bidding with an eye on winning that site and incorporating its 264,200 square feet into Rudin Management’s 55 Broad, so he can add a new majestic skyscraper to the downtown skyline.

The current building, also known as the NY Information Technology Center, was originally developed by Sam, Jack and Bill’s father, Lew Rudin, in the early 1960s as the headquarters for Goldman Sachs before being occupied by Drexel Burnham.

After Drexel went bust, the building sat vacant from 1990 to 1995, during a time when downtown had a vacancy rate pushing 25 percent.
__________________
“If I have done the public any service, it is due to my patient thought.” ― Isaac Newton

~ My Stamford, CT Thread ~~ My Danbury, CT Thread ~
Reply With Quote
     
     
  #106  
Old Posted Mar 4, 2014, 3:17 PM
Crawford Crawford is online now
Registered User
 
Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
Posts: 15,106
I think this should be two separate threads here.

55 Broad is a separate proposal; 45 Broad has different ownership and is planned as residential.
Reply With Quote
     
     
  #107  
Old Posted Mar 4, 2014, 5:58 PM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 36,158
Quote:
Originally Posted by Crawford View Post
I think this should be two separate threads here.

55 Broad is a separate proposal; 45 Broad has different ownership and is planned as residential.
Yes, it's a different project.
__________________
NEW YORK. World's capital.

“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
Reply With Quote
     
     
  #108  
Old Posted Mar 5, 2014, 7:35 PM
Perklol's Avatar
Perklol Perklol is offline
BANNED
 
Join Date: Apr 2013
Location: Somewhere
Posts: 1,460
Quote:
Originally Posted by hunser View Post
That's very good news. If the developer decides to grab the adjacent site too, we are looking for a supertall here, minimum. Also there's no height limit and the location couldn't be more prime for Lower Manhattan.
Yeah this is exciting for Lower Manhattan. Hopefully another supertall.

I was also wondering if the developer will pay over $200 million. That's quite a lot of money for a rental/office building...
Reply With Quote
     
     
  #109  
Old Posted Nov 10, 2014, 8:27 PM
sparkling's Avatar
sparkling sparkling is offline
Registered User
 
Join Date: Sep 2013
Posts: 766
45 Broad to return to market


From left: Andrew Scandalios, 45 Broad Street (Credit: PropertyShark), rendering of 45 Broad and LCOR’s Peter DiLullo

By Adam Pincus

Quote:
A Lower Manhattan development parcel once owned by Kent Swig will return to the market next year and could sell for as much as $110 million, insiders said. The potential price for the vacant parcel at 45 Broad Street between Beaver Street and Exchange Place, which has 264,200 square feet of development rights, shows the enormous rise in values in the current environment compared with the prior boom. Swig’s Swig Equities purchased the office building at 45 Broad Street in June 2006 for about $29 million, with plans to build the Nobu Hotel and Residences. But the firm lost the property to lender Lehman Brothers Holdings in the wake of the financial crisis. Lehman, in turn, sold the site in 2012 to LCOR for $14 million, city records show, as part of an $800 million package. A Cushman & Wakefield investment sales team began marketing the site in January. The San Francisco-based investment and development firm Carmel Partners was close to buying it for more than $110 million, a person familiar with the process said, but instead purchased 112-118 Fulton Street from the Lightstone Group, which it was considering at the same time. A spokesperson for Carmel did not immediately respond to a request for comment. Subsequently, the property was taken off the market. The New York branch of commercial brokerage firm HFF, headed by Andrew Scandalios, now has the listing from the owners LCOR and the California pension fund CalSTRS. Insiders said HFF was not expected to launch marketing until the new year. An HFF spokesperson declined to comment. Sources pointed to active players in the Downtown market as potential bidders, including Rudin Mangement, which owns 55 Broad Street, a large site adjacent to 45 Broad. The two sites could potentially be combined to build a 650,000-square-foot tower. Other possible buyers include David Lichtenstein’s Lightstone Group, Michael Shvo, Michael Stern’s JDS Development Group, Fortis Property Group, Howard Hughes and Albanese, according to people familiar with the Downtown market. - See more at: http://therealdeal.com/blog/2014/11/....N2kL7Rmz.dpuf
Reply With Quote
     
     
  #110  
Old Posted Nov 11, 2014, 4:51 PM
mistermetAJ mistermetAJ is offline
Registered User
 
Join Date: Oct 2011
Posts: 198
Quote:
Originally Posted by sparkling View Post

From left: Andrew Scandalios, 45 Broad Street (Credit: PropertyShark), rendering of 45 Broad and LCOR’s Peter DiLullo

By Adam Pincus
Good, that rendering was terrible. Maybe something good can rise from this site now.
Reply With Quote
     
     
  #111  
Old Posted May 17, 2015, 1:34 PM
chris08876's Avatar
chris08876 chris08876 is offline
Abiogenesis
 
Join Date: Jul 2013
Location: New Jersey - Somerset County
Posts: 21,500
Current Site:


Credit: Towerpower123
Reply With Quote
     
     
  #112  
Old Posted Aug 3, 2015, 9:12 PM
Vertical_Gotham's Avatar
Vertical_Gotham Vertical_Gotham is offline
N40° 46.8925', W073° 57.3
 
Join Date: Mar 2013
Location: New York, NY
Posts: 300
It would be fantastic if Gladstone partners up with Rudin's 55 Broad St.



Gladstone’s Madison Equities in contract for 45 Broad Street Downtown property has nearly 265,000 sf of development rights
http://therealdeal.com/blog/2015/08/....HxpLLLHf.dpuf

Quote:
UPDATED, 4:55 p.m., August 3: Robert Gladstone’s Madison Equities is in contract to purchase a Lower Manhattan development site at 45 Broad Street, which could give rise to a project of nearly 265,000 square feet, The Real Deal has learned.

When it hit the market in November, the site, located between Beaver Street and Exchange Place, was expected to fetch north of $100 million. It’s unclear what Madison is paying, however, and sources said that Madison is partnering with AMS Group, led by Avi Abadie, on the deal.

HFF’s Andrew Scandalios, who is marketing the site on behalf of owners LCOR and the California pension fund CalSTRS, declined to comment.

Kent Swig’s Swig Equities purchased the office building at 45 Broad Street in June 2006 for about $29 million, with plans to build the Nobu Hotel and Residences. But the firm lost the property to lender Lehman Brothers Holdings in the wake of the financial crisis. Lehman, in turn, sold the site in 2012 to LCOR for $14 million.

Rudin Management owns 55 Broad Street, which is adjacent to 45 Broad. Combined, the sites could give rise to a development of 650,000 square feet.
Madison is also the developer of 212 Fifth Avenue, in partnership with Building & Land Technology (BLT) and Joseph Sitt’s Thor Equities.
__________________
See my Hudson Yards Map
http://i.imgur.com/FVrYwpy.jpg
(Once in, Click image to enlarge)
Reply With Quote
     
     
  #113  
Old Posted Oct 25, 2015, 5:07 AM
chris08876's Avatar
chris08876 chris08876 is offline
Abiogenesis
 
Join Date: Jul 2013
Location: New Jersey - Somerset County
Posts: 21,500
Madison Equities, partners plan 65-story condo at 45 Broad
October 23, 2015

Quote:
Robert Gladstone’s Madison Equities, in partnership with the Italy-based Pizzarotti Group, is planning a 65-story condo tower on a vacant site at 45 Broad Street in the Financial District. On Friday, the buyers closed on the purchase of the land for $86 million and secured a $75 million acquisition loan, sources familiar with the transaction told The Real Deal.

The site, located between Beaver Street and Exchange Place, could hold a residential tower spanning 290,000 square feet. Mack Real Estate Credit Strategies and others provided the loan, which was brokered by a JLL team led by Dustin Stolly and Jonathan Schwartz. Midtown-based AMS Acquisitions is a minority investor in the project, while Pizzarotti is Madison’s development partner.

Cetra/Ruddy is serving as the architect, and the building is slated for completion by 2019, a spokesperson for Madison said. It’s not yet clear what the project’s exact size and number of units will be. HFF’s Andrew Scandalos began marketing the site in November on behalf of then-owners, LCOR and the California pension fund CalSTRS. TRD reported that the site was in contract in August. AMS declined to comment, while Pizzarotti could not be reached. The parcel at 45 Broad was once slated for a hotel-condo project. Kent Swig’s Swig Equities bought the office building on the site in 2006 for $29 million, with plans to construct the Nobu Hotel and Residences. Following the downturn, lender Lehman Brothers Holdings took over the site and sold it to LCOR for $14 million in 2012. Madison, in partnership with Building & Land Technology (BLT) and Joseph Sitt’s Thor Equities, is behind the condo conversion at 212 Fifth Avenue in NoMad.
=========================
http://therealdeal.com/blog/2015/10/....t1n2SAsD.dpuf
Reply With Quote
     
     
  #114  
Old Posted Oct 25, 2015, 6:17 PM
Crawford Crawford is online now
Registered User
 
Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
Posts: 15,106
What is a typical 65 floor luxury residential condo tower these days in Manhattan? Around 800-900 ft.? Is that a fair estimate?

A supertall would be better, but I'll take it. It will still have some presence in the skyline, I think.
Reply With Quote
     
     
  #115  
Old Posted Oct 25, 2015, 7:11 PM
chris08876's Avatar
chris08876 chris08876 is offline
Abiogenesis
 
Join Date: Jul 2013
Location: New Jersey - Somerset County
Posts: 21,500
If they combine the adjacent site, it could theoretically be a super tall. But yeah 300k sq ft on that parcel, given that it would be condos, could very well be 800-900 feet depending on how they design it. This project could prove interesting to monitor. The market has been pretty steady with condos. Lots of current sites in the city are going from rental to condo, so more towers on the way.
Reply With Quote
     
     
  #116  
Old Posted Oct 27, 2015, 1:25 AM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 36,158
https://www.dnainfo.com/new-york/201...5-broad-street

65-Story Condo Tower Rising on Empty FiDi Lot at 45 Broad Street

By Irene Plagianos
October 26, 2015


Quote:
“We look forward to creating an extraordinary building with our partners in a new, thriving Downtown market," said Robert Gladstone, a principal with Madison Equities in a statement. "The building will provide outstanding panoramic views of the Hudson River, New York Harbor and the revitalized World Trade Center area.”
__________________
NEW YORK. World's capital.

“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
Reply With Quote
     
     
  #117  
Old Posted Oct 28, 2015, 12:53 AM
NYguy's Avatar
NYguy NYguy is offline
New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 36,158
http://www.6sqft.com/65-story-condo-...ntown-skyline/












Colorized photo of Broad Street in the early 1900′s. The 45 Broad Street project site is just cut out of the photo to the right.
__________________
NEW YORK. World's capital.

“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
Reply With Quote
     
     
  #118  
Old Posted Jan 5, 2016, 5:01 PM
PeterQM PeterQM is offline
Registered User
 
Join Date: Oct 2014
Location: Brooklyn, NYC
Posts: 287
REVEALED: 45 Broad Street, Slated to Be Among the Highest Condo Buildings Downtown

REVEALED: 45 Broad Street, Slated to Be Among the Highest Condo Buildings Downtown
By Ondel Hylton
January 5, 2016
http://www.6sqft.com/revealed-45-broad-street-slated-to-be-among-the-highest-condo-buildings-downtown/

Quote:
Last October, it was announced that the long-vacant lot in the heart of the Financial District at 45 Broad Street would be redeveloped into a 65-story residential skyscraper by way of a partnership between Pizzarotti IBC and Madison Equities. Now, via Pizzarotti’s project page, we have our first look at the design of the 300,000-square-foot CetraRuddy-designed tower that the development group affirms “will be the highest condo in Downtown Manhattan.” The team will have to move quickly, though; at least two condo towers are proposed to be taller including Shvo’s supertall at 125 Greenwich Street.




More info and images in the post here.
Reply With Quote
     
     
  #119  
Old Posted Jan 5, 2016, 5:16 PM
Crawford Crawford is online now
Registered User
 
Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
Posts: 15,106
So 45 Broad will be around 950 ft., I take it?

Tough to tell from these basic renderings, but looks like a potentially interesting design.
Reply With Quote
     
     
  #120  
Old Posted Jan 6, 2016, 5:41 AM
McSky's Avatar
McSky McSky is offline
Registered User
 
Join Date: Apr 2013
Posts: 140
40 Wall St is 927 feet to the spire tip, so this render looks like the building is a bit less than 900 feet tall.
Reply With Quote
     
     
This discussion thread continues

Use the page links to the lower-right to go to the next page for additional posts
 
 
Reply

Go Back   SkyscraperPage Forum > Global Projects & Construction > Supertall Construction
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 5:47 PM.

     

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2018, vBulletin Solutions, Inc.