NEW YORK | 55 Broad St | 402 FT | 31 FLOORS

Revealed: 55 Broad Street

BY: NIKOLAI FEDAK ON MARCH 11TH 2014 AT 6:00 AM

55 Broad Street – image via Google Maps

Several details regarding a potential tower at 55 Broad Street were discussed by Lois Weiss at the New York Post last month, and now YIMBY has the first vague renderings of the tower, courtesy of an anonymous tipper. Rudin Management is developing the site, and FX Fowle is the architect of record.

55 Broad Street — image by FX Fowle

The site is located in the heart of the Financial District, and has development rights of 388,000 square feet; the massing diagram depicts a 53-story tower that would stand nearly 750 feet, which would make it one of the tallest skyscrapers in Lower Manhattan. The William Beaver House — which stands 527 feet — is rendered adjacent to 55 Broad Street in the massing study.

While 55 Broad Street could rise over 50 stories as-is, the lot has additional potential, thanks to the failure of the initial plans for the Nobu Tower, at 45 Broad Street. The two sites could potentially be combined, and the resulting tower’s air rights would total approximately 650,000 square feet, and an assemblage of that size could rise significantly taller than the current plans.


Concept for 45 Broad — existing 55 Broad to the right

The ‘supertall’ milestone has proven daunting for residential developers in Lower Manhattan, though several buildings will approach the mark; 30 Park Place, 22 Thames, 56 Leonard, and 101 Murray Street are all slated to stand between 800 and 1,000 feet tall. If the Rudins manage to acquire 45 Broad, 55 Broad Street could approach supertall status.

No completion date for the site has been announced, and given the existing 35-story office building must be demolished before work proceeds, construction is a long ways off; still, the potential is there, and demolition of the current 55 Broad Street appears to be imminent.

seems like 55 isn’t coming down anytime soon. I wouldn’t be surprised if Rudin chooses to undergo a more extensive renovation in the near future. Sitting in a predominantly prewar neighborhood and built at the height of the modernist office tower boom, It’s not a stretch to advertise it as a Wall Street Trophy tower. It’s just not one of the more nicer ones. Glass up the top portion to allow more natural light to enter and it might attract a lot of interest.


loopnet

2 Likes

This building looks very dated, a bad example of the international-style. The flip side is rent there is probably dirt cheap (relatively speaking).

2 Likes

The one right across the street is just as bad.

Both of those 1950s buildings need to good.

Heck all of the 1950s buildings in NY need to go. Same with the 80s :sunglasses:

3 Likes

Silverstein’s buying spree continues while 2 WTC sits as a stump. Though its always of note when a site adjacent to a proposed supertall changes hands. :thinking: But with Metroloft on board its probably going to be an office to residential conversion.

2 Likes

1100 foot development concept for this site.

3 Likes

I’m sure it will look like crap. Metroloft did another conversion of a 60s building closer to the NYSE, and they didn’t touch the tired exterior.