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Old Posted Mar 4, 2014, 7:15 PM
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http://nypost.com/2014/03/03/tower-p...-broad-street/

Developer wants to bring modernity to Broad Street tower

By Lois Weiss
March 3, 2014


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.

....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.
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