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Broad Street Development

1 Exchange Alley #200
New York, NY 10006
(212) 742-7912
Website
info@bsdre.com
BROAD STREET DEVELOPMENT

Broad Street Development (BSD) is a New York City-based real estate development firm, founded by Raymond Chalmé and Daniel Blanco in 2004. The privately-held firms acquisitions have totaled $1 billion and have included 55 and 61 Broadway, 184 Thompson Street, Maison East at 1438 Third Avenue, 370 Lexington Avenue, a site located at 215 Sullivan Street, and 210 and 220 East 22nd Street. The firm sold 370 Lexington Avenue in 2008, 61 Broadway in 2015 to Scott Rechlers RXR Realty, and converted 184 Thompson and Maison East, both residential rentals, to condominiums. As of 2015, the firm was developing 215 Sullivan Street into a 25-unit, residential condo building. MK


Related fund closes on $153M purchase of Unizo’s Hell’s Kitchen building
12/27/18
...-story Midtown office building at 370 Lexington Avenue to Broad Street Development for about $190 million, or roughly $57 million less than it paid when it bought the...

Broad Street Development secures $155M for 370 Lexington buy
12/18/18
...From left: Broad Street Development CEO Raymond Chalmè, 370 Lexington Avenue, and Invesco CEO Martin Flanagan (Credit: BSD, Witkoff, and...

TH Real Estate, Taconic buy 440 Ninth Ave for nearly $270M
12/07/18
...The company agreed to sell 370 Lexington Avenue to Broad Street Development in September for about $190 million and has reportedly been in talks with Related Companies...

Boxed in: NYC landlords struggling to deal with residents’ online shopping addiction
11/28/18
...Street, a 96-unit rental building in Noho, landlord Broad Street Development recently expanded its package room by 30 percent and added layers of shelving going up...

Unizo to sell Hell’s Kitchen office building for a loss
10/02/18
...reached a deal to sell 370 Lexington Avenue to Broad Street Development for around $190 million. That’s about $57 million less than the price Unizo paid to...

Luxury contract activity held steady last week amid stock market woes and rising interest rates: Olshan
02/12/18
...Broad Street Development...

The 10 most valuable Manhattan condo filings accepted in 2017
12/28/17
...at both buildings launched in October. 10. 40 Bleecker Developer: Broad Street Development Sellout: $288,517,000 Units: 61 Type: Conversion Neighborhood: Noho Raymond Chalme and Daniel Blanco’s Broad Street...

Invesco lands $102M for 80 Broad St.
12/18/17
...assumed the mortgage from the property's previous owners, Broad Street Development, according to documents filed with the city's Department of Finance. AIG Investments provided the...

Invesco buys 80 Broad Street in $235M deal
11/15/17
...The sellers, Raymond Chalme and Daniel Blanco’s Broad Street Development, are keeping a 5 percent stake and will continue to manage the 425,000-square-foot Financial District...

KUB Capital wants more than $100M for just 6 Soho condos
08/10/17
...as Acadia Realty Trust's conversion of 640 Broadway and Broad Street Development...

Acadia wants $136M for new condos at original Empire State Building
07/19/17
...market in the rather small Noho neighborhood, however. Broad Street Development is at work on a $289 million project at 40 Bleecker Street, and at One Great...

The biggest price cuts on luxury pads last week
03/16/17
...Drop: 11 percent This six-bedroom, seven bathroom townhouse at Broad Street Development’s condo conversion sold for $17.4 million in March last year. The buyer, who used...

Boxed in: NYC landlords struggling to deal with residents’ online shopping addiction
02/17/17
...Street, a 96-unit rental building in Noho, landlord Broad Street Development recently expanded its package room by 30 percent and added layers of shelving going up...

Lightstone lands $53M construction loan for Moxy hotel
12/28/16
...the bank issued a $96 million construction loan on Broad Street Development’s Nolita residential development at 304 Mulberry Street.   -- Konrad Putzier...

Broad Street shoots for $289M sellout at Noho condo
12/23/16
...From left: 304 Mulberry Street and Broad Street Development’s Raymond Chalme and Daniel Blanco Broad Street Development is aiming for a target...

Broad Street lands $96M loan for Nolita development
12/15/16
...From left: 304 Mulberry Street and Broad Street Development’s Raymond Chalme and Daniel Blanco Raymond Chalme and Daniel Blanco's Broad Street Development...

RXR sells 49% stake in 61 Broadway office tower
12/07/15
...stake in the property, which it acquired from Broad Street Development for $330 million in May 2014, to an unnamed offshore investor. The company tapped JLL to...

Top 10 biggest real estate projects coming to NYC
11/12/15
...site last year for $4.1 million. 308 Mulberry Street, Manhattan Broad Street Development is planning a 12-story, 103,000-square-foot residential building with ground floor retail in Noho. The...

Broad Street Development plans 58-unit Noho resi building
10/29/15
...From left: 304 Mulberry Street and Broad Street Development...

Jeff Kaye’s Stone Street buys Gramercy rentals for $123M
09/24/15
...square foot. The seller was a partnership between Broad Street Development and Crow Holdings, which put the pair of buildings on the market in April...

RXR seeks $450M for 61 Broadway
09/22/15
...bought the property in May 2014, paying $330 million to Broad Street Development. The decision to sell is partly explained by the steep rise in downtown office...

Broad Street Development wants $130M for 200-unit Gramercy portfolio 
04/29/15
...and 210 East 22nd Street and Broad Street Development partners Raymond Chalme (top) and Daniel Blanco Broad Street Development is shopping two rental...

Broad Street plans cantilever building for one half of $178M Noho portfolio
01/02/15
...From left: 304 Mulberry Street and Broad Street Development partners Raymond Chalme and Daniel Blanco Broad Street Development, which announced last week it...

Broad Street nabs two Noho resi buildings for $179M
12/22/14
...And 298 Mulberry Street in Greenwich Village Broad Street Development purchased two Noho apartment buildings for a combined $178.5 million. The properties sit across the...

215 Sullivan Street
07/10/14
...lofts. A little over a month after the Broad Street Development...
Samantha Santos
Broad Street Development, Real Estate Salesperson
80 Broad Street, New York, NY
...
Kristen Smith
Broad Street Development, Real Estate Salesperson
80 Broad Street, New York, NY
...
Gayle Kennedy
Broad Street Development, Real Estate Salesperson
80 Broad Street, New York, NY
...
David Israni
Broad Street Development, Real Estate Salesperson
80 Broad Street, New York, NY
...
Ramona Huegel
Broad Street Development, Real Estate Salesperson
80 Broad Street, New York, NY
...
Daniel Blanco
Broad Street Development, Limited Liability Broker
80 Broad Street, New York, NY
...
Kristen Smith
Broad Street Development, Real Estate Salesperson
80 Broad Street, Suite 203, New York, NY, (212) 742-7914
...
David Israni
Broad Street Development, Real Estate Salesperson
80 Broad Street, Suite 203, New York, NY, (212) 742-7913
...
Ramona Huegel
Broad Street Development, Real Estate Salesperson
80 Broad Street, Suite 203, New York, NY, (212) 742-7912
...
Daniel Blanco
Broad Street Development, Founding Principal and COO
1 Exchange Alley, Suite 200, New York, NY, (212) 742-7912
Daniel Blanco is the founding principal and chief operating officer of Broad Street...
Raymond Chalmé
Broad Street Development, Founder & CEO
1 Exchange Alley #200, New York, New York, (212)-742-7912
Raymond Chalmé is the founding principal and chief executive of Broad Street Development...
For more info, click here
  • Event Sales
  • Address 370 Lexington Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 246,605
  • Price $ 190,000,000
  • Publication Date 12/23/2018
  • Event Date 12/18/2018
  • Party 1 Unizo Holding
  • Party 2 Broad Street Development, Terra Capital Partners
notes
The buyer purchased the Grand Central property for $190 million.
For more info, click here
  • Event Financing
  • Address 370 Lexington Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 246,605
  • Price $ 155,000,000
  • Publication Date 12/23/2018
  • Event Date 12/18/2018
  • Party 1 Broad Street Development, Terra Capital Partners
  • Party 2 Invesco Real Estate
notes
The buyer secured an acquisition loan of $155 million for the Grand Central property.
For more info, click here
  • Event Sales
  • Address 80 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 425,000
  • Price $ 235,000,000
notes
The buyer acquired a 95 percent stake in the office tower for $235 million.
For more info, click here
  • Event Office Leasing
  • Address 80 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 5,790
  • Price per foot $ 53.00
notes
The nonprofit inked a lease.
For more info, click here
  • Event Office Leasing
  • Address 80 Broad Street
  • Neighborhood Lower Manhattan
  • Borough Manhattan
  • Square feet 16,500
notes
The policy organization signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 80 Broad Street
  • Neighborhood Lower Manhattan
  • Borough Manhattan
  • Square feet 25,726
notes
The home design firm signed a lease for the entire 10th and 11th floors.
For more info, click here
  • Event Retail Leasing
  • Address 154 Bleecker Street
  • Neighborhood Greenwich Village
  • Borough Manhattan
  • Square feet 2,277
  • Price per foot $ 157.00
notes
The Indian restaurant signed a lease.
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  • Event Sales
  • Address 210 East 22nd Street
  • Neighborhood Gramercy Park
  • Borough Manhattan
  • Price $ 123,000,000
notes
The two multifamily residential buildings, which include 220 East 22nd Street, sold for $123 million.
For more info, click here
  • Event Office Leasing
  • Address 80 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 2,422
  • Price per foot $ 45.00
For more info, click here
  • Event Office Leasing
  • Address 80 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 3,831
  • Price per foot $ 45.00
For more info, click here
  • Event Office Leasing
  • Address 80 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 4,371
  • Price per foot $ 45.00
For more info, click here
  • Event Sales
  • Address 298, 304 Mulberry Street
  • Neighborhood NoHo
  • Borough Manhattan
  • Price $ 178,500,000
For more info, click here
  • Event Sales
  • Address 61 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 779,224
  • Price $ 330,000,000
  • Price per foot $ 423.50
notes
The property sold for $330 million. The building is 93 percent occupied. 33-story, 779,224 sf office bldg
For more info, click here
  • Event Sales
  • Address 55 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 358,637
  • Price $ 157,000,000
  • Price per foot $ 437.77
notes
The property sold for $157 million. The building is 90 percent leased.
For more info, click here
  • Event Office Leasing
  • Address One Exchange Place
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 6,000
notes
The law firm signed a lease. The tenant is relocating from 65 West 36th Street.
For more info, click here
  • Event Office Leasing
  • Address 1 Exchange Place
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 6,000
notes
The law firm signed a lease. The tenant is relocating from 65 West 36th Street.
For more info, click here
  • Event Office Leasing
  • Address 61 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 607
notes
The asset management firm signed a new lease on the 26th floor.
For more info, click here
  • Event Office Leasing
  • Address 61 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 15,293
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 Broad Street Development
  • Party 1 Brokerage In-house
  • Party 2 Corporation for Supportive Housing
  • Party 2 Brokerage Savills Studley
  • Party 2 Broker David Carlos
notes
The nonprofit signed a new lease on the 23rd floor.
For more info, click here
  • Event Office Leasing
  • Address 61 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 2,765
notes
The medical equipment provider signed a new lease on the 16th floor.
For more info, click here
  • Event Office Leasing
  • Address 61 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 2,710
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 Broad Street Development
  • Party 1 Brokerage In-house
  • Party 2 Kelly Services
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Eric Cagner
notes
The staffing agency signed a lease renewal on the 22nd floor.
For more info, click here
  • Event Office Leasing
  • Address 61 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 1,865
notes
The business solutions firm signed a new lease on the 11th floor.
For more info, click here
  • Event Office Leasing
  • Address 61 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 3,015
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 Broad Street Development
  • Party 1 Brokerage In-house
  • Party 2 Austrian Tourist Office
  • Party 2 Brokerage Cushman & Wakefield, CBRE
  • Party 2 Broker Bernhard Weinstable, Snezana Anderson
notes
The tourism office signed a new lease on the 17th floor.
For more info, click here
  • Event Office Leasing
  • Address 61 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 2,200
notes
The government and politics publication signed a new lease on the 28th floor.
For more info, click here
  • Event Office Leasing
  • Address 55 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 5,796
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 Broad Street Development
  • Party 1 Brokerage In-house
  • Party 2 Murphy & McGonigle PC
  • Party 2 Brokerage In-house
notes
The law firm signed a lease renewal on the 16th floor.
For more info, click here
  • Event Office Leasing
  • Address 55 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 5,000
notes
The global reinsurance firm signed a new lease on the 21st floor.
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