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"25 Broad deserved to fail, it was vastly over-priced (almost twice the asking of similar apts at 15 Broad!) and a very random interior design (far from Philippe Starck), they would have failed even without the recession. On a more positive note, we should not forget that FiDi did make it as a residential neighborhood (whether through condos or the many rentals that opened in the last 3 years), retailers and boutique hotels have opened everywhere and the Broad / Wall Str corridor looks VERY different today than it was 4 years ago. Some greedy developers got hurt... well, c'est la vie, but FiDi is actually doing well and rents are now going up at a rapid pace."?carlitony [Today in FiDi: Foreclosures, PriceChopping, Nondos]