30 Broad Street | The Real Deal New York

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30 Broad Street

30 Broad Street
New York, NY 10004
Office, Retail, Sales, Conversion, Condo
30 Broad Street
The approximately 370,000-square-foot, 46-story office and retail building at 30 Broad Street in downtown Manhattan is perhaps best-known in New York real estate circles for the deal its owner is getting on the rent. Gotham Realty Holdings bought the ground lease for 30 Broad from Murray Hill Properties in 2006 for $99 million. The ground lease, which runs through 2035, is owned bySolil Management, the company that manages the approximately $6 billion real estate empire amassed by the late Sol Goldman. Gotham pay Solil just $430,000 in rent annuallya fraction of the buildings estimated pre-tax net operating income of $8.7 million. For its part, Gotham has been trying to sell the ground lease since mid-2014 for $168 million, or about $400 a square foot. Tenants include healthcare business services firm Maximus, which has about 55,000 square feet, and shared-offices provider Jay Suites, which leases 16,000 square feet. The building, which was built in 1932, also once included the Manhattan offices of landlord and developer Shaya Boymelgreen. Gotham sued Boymelgreen in April 2012 for allegedly skipping out on $818,000 in rent after breaking a lease. ¾-TA
  • floors 46
  • Year Built 04/15/1905
  • square feet 370,000
  • block and lot 1-00024-0029
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02/20/14
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02/06/14
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03/14/13
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01/07/13
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04/27/12
...Gotham Realty Holdings for allegedly abandoning his office space at 30 Broad Street in Lower Manhattan. According to a lawsuit filed April 26 in...

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02/22/11
...opened its fourth Manhattan location, the company announced today, at 30 Broad Street in the Financial District. As previously reported by The Real...

09/01/10
...a deal for its fourth New York City location, at 30 Broad Street in the Financial District, company President Juda Srour told The...

04/06/09
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04/04/07
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04/28/05
...properties in Manhattan, including iconic buildings such as 44 Wall Street, 30 Broad Street, and 22 Cortland Street. The Sun talks with him. more...
  • Event Office Leasing
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 14,880
  • Publication Date 03/01/2014
  • Event Date 01/20/2014
  • Party 1 Brokerage Murray Hill Properties
  • Party 1 Broker Rick Doolittle, John Howard
  • Party 2 Lucas & Mercanti
  • Party 2 Brokerage CBRE
  • Party 2 Broker Steve Eynon
notes
The law firm signed a 10-year lease.
  • Event Office Leasing
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 5,335
  • Publication Date 01/01/2013
  • Event Date 11/22/2012
  • Party 1 Gotham Broad
  • Party 1 Brokerage Murray Hill Properties
  • Party 1 Broker Rick Doolittle, John Howard
  • Party 2 Kral Clerkin Redmond Ryan Perry & Van Etten
  • Party 2 Brokerage Murray Hill Properties
  • Party 2 Broker Rick Doolittle, John Howard
notes
The law firm signed a lease.
  • Event Office Leasing
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 5,335
  • Price per foot $ 37.00
  • Publication Date 06/01/2011
  • Event Date 04/22/2011
  • Party 1 Gotham Broad
  • Party 1 Brokerage Murray Hill Properties
  • Party 1 Broker Rick Doolittle, Wes Rudes
  • Party 2 Hanweck Associates
  • Party 2 Brokerage Murray Hill Properties
  • Party 2 Broker Rick Doolittle, Wes Rudes
notes
The financial services firm signed a 10-year lease.
  • Event Office Leasing
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 3,300
  • Publication Date 03/01/2011
  • Event Date 01/20/2011
  • Party 1 Murray Hill Properties
  • Party 1 Brokerage In-house
  • Party 2 Sports Physical Therapy of New York
  • Party 2 Brokerage Colliers International
  • Party 2 Broker Donald Lutt, Andrew Boliek
notes
The physical therapy company signed a 10-year lease on the 12th floor.
  • Event Office Leasing
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 5,300
  • Price per foot $ 33.00
  • Publication Date 12/01/2010
  • Event Date 10/22/2010
  • Party 1 Brokerage Murray Hill Properties
  • Party 1 Broker Rick Doolittle, Wes Rudes, John Howard
  • Party 2 Mortgage Industry Advisory
  • Party 2 Brokerage CBRE
  • Party 2 Broker Robert Wizenberg, Snezana Anderson
notes
The risk management provider for the mortgage and financial services industries signed a four-year lease.
  • Event Retail Leasing
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 2,500
  • Publication Date 11/01/2010
  • Event Date 09/22/2010
  • Party 1 Gotham Broad
  • Party 1 Brokerage Winick Realty Group
  • Party 1 Broker Diana Boutross, Darrell Rubens
  • Party 2 My.Suit
  • Party 2 Brokerage Winick Realty Group
  • Party 2 Broker Young Byunn
notes
The men's clothier signed a lease.
  • Event Office Leasing
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 16,000
  • Publication Date 10/01/2010
  • Event Date 08/22/2010
  • Party 1 Gotham Holdings
  • Party 2 Jay Suites
notes
The office space provider signed a 13-year lease for its fourth New York City location.
  • Event Office Leasing
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 5,335
  • Publication Date 08/01/2010
  • Event Date 06/22/2010
  • Party 1 Gotham Realty Holdings
  • Party 2 EGR International
  • Party 2 Brokerage Grubb & Ellis
  • Party 2 Broker Larry Zuckerman, Robert Shapiro
notes
The business services firm signed a three-year lease.
  • Event Office Leasing
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 9,000
  • Price per foot $ 40.00
  • Publication Date 05/01/2009
  • Event Date 03/22/2009
  • Party 1 Gotham Realty
  • Party 1 Brokerage Murray Hill Properties
  • Party 1 Broker Wes Rudes, Rick Doolittle
  • Party 2 Avalon Partners
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Eric Zemachson, Chris Mongeluzo
notes
The investment firm signed a five-year lease for the entire 24th floor. The company is relocating from its current offices at 60 Broad Street.
  • Event Office Leasing
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 9,030
  • Price per foot $ 37.00
  • Publication Date 08/01/2007
  • Event Date 06/22/2007
  • Party 1 Brokerage Murray Hill Properties
  • Party 1 Broker Wesley Rudes
  • Party 2 E2 Consulting Group
  • Party 2 Brokerage Bostick Realty
  • Party 2 Broker Charles Diemar, Paul Bostick
notes
The management and technology consulting firm signed a lease for space. It is relocating from 485 Broadway.
  • Event Office Leasing
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 17,500
  • Publication Date 07/01/2007
  • Event Date 05/22/2007
  • Party 1 Ladenburg Thalmann
  • Party 1 Brokerage Cushman & Wakefield
  • Party 2 De Novo Legal
  • Party 2 Brokerage Grubb & Ellis
  • Party 2 Broker Howard Grufferman, Andrew Lazarus
notes
The legal staffing firm took space.
  • Event Office Leasing
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 5,335
  • Publication Date 05/01/2007
  • Event Date 03/22/2007
  • Party 2 Dynamic Group
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Ronald Zimmerman
notes
The tenant inked a 10-year lease for new space.
  • Event Sales
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 431,502
  • Price $ 99,000,000
  • Price per foot $ 32.00
notes
The 50-story, class B Art Deco office tower traded for approximately $99 million. Carlton Advisory Services arranged an $84-million acquisition loan for Gotham. The property is approximately 90 percent occupied and advertised rents range from $21to $32 per square foot.
  • Event Office Leasing
  • Address 30 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 55,400
notes
Gov't contractor renews and expands by 14,000 sf
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