Condos at the landmarked Broad Exchange Building in FiDi hit the market.
FINANCIAL DISTRICT, NY — Condos at a landmarked building in the Financial District hit the market Thursday.
The Broad Exchange Building — a landmarked building at 25 Broad St. across the street from the New York Stock Exchange — was converted into luxury condos with more than 300 residences.
The condos hit the market this week, with some starting at less than $1 million.
“The transformation of Downtown has propelled the demand for homes in the neighborhood. Compared to many of these new condominium offerings, The Broad Exchange Building’s listings represent a price point unrivaled in the current market,” said David Sigman, the executive vice president at the development firm LCOR. “The building’s rich history, ample modern amenity spaces, and location in the heart of FiDi make it a truly unique offering and we’re excited to bring it to market.”
The tower, built in 1902, was once known as the largest office building in Manhattan and was headquarters to investment bank and stock brokerage firm Paine Webber for 70 years. The city’s Landmarks Preservation Commission designated the building, designed by Clinton & Russell, as a landmark in June 2000.
The retrofitted office building features condos with 9.5- 13-foot-high ceilings.
The building includes 8,000 square feet of amenities, including a residential lounge, game room, children’s play room, rooftop with barbecue space, a gym, dog grooming facility and more.
Residences range from 410 square feet to 3,000 square feet, including 168 one-bedrooms, 135 two-bedrooms, and four penthouses — which offer private outdoor terraces. Prices range from $950 to $2,150 per square foot. Some homes start at less than $1 million.