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Originally Posted by Nyc1986
It seems like ultra luxurious residential towers have no place in FIDI. If this project had been in midtown it would have definitely gotten built.
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This building was never going to be ultra luxurious. A nice design, but nowhere near the “billionaires row” units being offered on W. 57th Street.
https://ny.curbed.com/2017/4/26/15436392/45-broad-supertall-cetraruddy-madison
Quote:
The Financial District’s latest planned supertall is officially moving forward after the development team held a groundbreaking ceremony at the construction site, at 45 Broad Street, Wednesday morning.
At the groundbreaking event on Tuesday, the development team announced that the project would feature 206 condos that come in studio through three-bedroom variants (including penthouses). Prices will start at just under $1 million and go up to $6 million.
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But as we’ve seen, the district can be attractive with the right timing and product.
An example of some sales, (though this is dated a couple of years)…