With the upward boom of residential development materializing throughout FiDi, developer Bill Rudin's plan for a 53-story, 742-foot-tall mixed-use tower should fit right in to the neighborhood sans height restrictions. The Post has learned that Rudin is plotting the redevelopment of 55 Broad Street, and has already hired an outside firm to look into the feasibility of expanding the 35-story tower an additional 340 feet into the sky. The building, at the northeast corner of Broad and Beaver streets, could potentially entertain retail, office space, and high-end apartments.
Perhaps coincidentally, Rudin's attention has been turned to this slice of downtown real estate following the listing of its neighbor at 45 Broad Street in mid-January. The stalled site, which was once poised to entertain a 62-story hotel and condo tower backed by hotelier Robert De Niro, may come into play with Rudin's 55 Broad redevelopment. Without 45 Broad's competing 'scraper, they sky-space is open for Rudin. The acquisition would add 264,200-square-feet to Rudin's portfolio.
· Developer wants to bring modernity to Broad Street tower [NYP]
· Mapping FiDi's 17 Upcoming Residential Buildings [Curbed]