55 Broad Street, Manhattan
Commercial · built 1968 · Block 25, Lot 1.
Building permits
- Alteration, filed Mar 20, 2025, described as “Suspended scaffold for facade restoration as shown on plans”
- Alteration, filed Mar 18, 2025, estimated cost $108K, described as “This application is filed for a temporary use permit for a sales office including model apartments pursuant to section AC 28-111 and Buildings Bulletin 2010-002.”
- Alteration, filed Mar 13, 2025, described as “Facade inspection”
- Alteration, filed Feb 18, 2025, estimated cost $478K, described as “Interior alterations of existing retail space. No change to use, occupancy or egress”
- Alteration, filed Dec 19, 2024, described as “Installation of outrigger for facade repair & inspection.”
- Alteration, filed Sep 30, 2024, described as “Installation of temporary construction fence per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jun 12, 2024, estimated cost $108K, described as “This application is filed for a temporary use permit for a sales office including model apartments pursuant to section AC 28-111 and Buildings Bulletin 2010-002.”
- Alteration, filed Nov 29, 2023, described as “Configurations Added”
- No Work, filed Nov 20, 2023
- Alteration, filed Nov 14, 2023, estimated cost $150K, described as “Emergency generator installation.”
- Alteration, filed Nov 8, 2023, estimated cost $1K, described as “Installation of work deck in accordance with nycc 2022 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Nov 8, 2023, estimated cost $1K, described as “Installation of supported scaffolding in accordance with nycc 2022 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Sep 22, 2023, estimated cost $5K, described as “Use of mini crane during major alteration, filed separately under M08025179”
- Alteration, filed Jun 16, 2023, described as “Installation of temporary heavy duty sidewalk shed per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Apr 25, 2023, estimated cost $20K, described as “Temporary openings being created for related hoist installation work as shown.”
- Alteration, filed Feb 28, 2023, estimated cost $10K, described as “Removal of sprinkler system and installation of a Temporary sprinkler loop as shown on the plans.”
- Alteration, filed Jan 3, 2023, estimated cost $50K, described as “Installation of 7,000# temporary dual car personnel/material hoists per plan and application submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Oct 28, 2022, estimated cost $75K, described as “Filing for non-structural interior demolition as shown.”
- Alteration, filed Oct 28, 2022, estimated cost $15K, described as “Plumbing work as shown on the plans.”
- Major Renovation — Conversion, filed Oct 28, 2022, estimated cost $50.8M, 571 units added, 36 stories, described as “MPP Project# 000000021 approved by project advocate Anna Freire . HUB Consultation performed on 8/11/22 with Scott Pavan. Alt-CO being filed for the conversion of a commercial building to a residential use.”
- Alteration, filed Oct 28, 2022, estimated cost $50K, described as “Window replacement work as shown on the plans.”
- Alteration, filed Oct 26, 2022, estimated cost $20K, described as “Removal of mechanical equipment, ducts, piping as shown on the plans.”
- Alteration, filed Jul 13, 2022, estimated cost $25K, described as “Filing to decom existing antenna site. Removal of equipment room on 12th floor and 3 Sectors (10 Antennas and 9 RRU's total).Pitch pockets/roof curbs to remain. Initial install approved under app #1120912879. No change in use, egress or…”
- Alteration, filed Nov 10, 2021, estimated cost $172K, described as “Interior renovation of existing 4th floor office.”
- Alteration, filed Oct 20, 2021, estimated cost $80K, described as “Filing for interior reno of 9TH floor office space for "differential partners" as per plans submitted herewith.”
23 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $34,618,500
- 2026–27 tax
- $3,558,970
- Market value (city estimate)
- $76,930,000
- Taxable value
- $32,807,610
- Assessed land
- $10,530,000
- Assessed improvements
- $24,088,500
Zoning
C5-5: floor area ratio 17.55 built, above the 15.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year. FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 11 ft (NAVD88).
Recent sales
- Jul 28, 2023: $172,500,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
New Renderings Revealed 55 Broad Street’s Residential Conversion in Financial District, Manhattan, New York YIMBY, Sep 27, 2024.