Broad Exchange Building

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Broad Exchange Building
Broad Exchange building 001.JPG
Broad Exchange Building is located in New York City
Broad Exchange Building
Broad Exchange Building is located in New York
Broad Exchange Building
Broad Exchange Building is located in the United States
Broad Exchange Building
Location25 Broad Street, New York, New York
Coordinates40°42′21″N 74°0′41″W / 40.70583°N 74.01139°W / 40.70583; -74.01139Coordinates: 40°42′21″N 74°0′41″W / 40.70583°N 74.01139°W / 40.70583; -74.01139
Built1900
ArchitectClinton & Russell
Architectural styleRenaissance
NRHP reference #98000366[1]
Significant dates
Added to NRHPApril 13, 1998
Designated NYCLJune 27, 2000

The Broad Exchange Building is a historical building located at 25 Broad Street, in the heart of the Financial District of Lower Manhattan, New York City. When built in 1900[2] it was the largest office building in Manhattan.[3] In 1997 it was renovated into luxury apartments.[2]

History[edit]

It was built by Clinton & Russell in 1900 to provide office space for financial companies including Paine Webber.[2] At the time of its completion it was the largest office building in Manhattan, with 326,500 sq ft of rentable space per floor. It was remortgaged in 1909 for USD$3.5m.[3]

In 1997, it was gutted and renovated into 347 luxury apartments.[2]

The building was designated as a landmark by the Landmarks Preservation Commission on June 27, 2000.[4]

In 2005, it was purchased for USD $200 million.[5] Subsequently, negotiations over landmark decertification of portions of the building took place.

See also[edit]

References[edit]

  1. ^ "National Register Information System". National Register of Historic Places. National Park Service. April 15, 2008.
  2. ^ a b c d SWIG realty summary of building Archived October 5, 2008, at the Wayback Machine
  3. ^ a b "Four Per Cent. Loan of $3,450,000 on Broad-Exchange Building", Aug 31, 1909
  4. ^ Hill, Isabel (June 27, 2000). Broad Exchange Building (PDF). New York City Landmarks Preservation Commission (designation report). Retrieved January 15, 2020.
  5. ^ Tribeca Tribune, "Owner Asks to Demolish Part of Landmark", 2007-03-30 Archived October 7, 2008, at the Wayback Machine

External links[edit]

Media related to Broad Exchange Building at Wikimedia Commons