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125 Broad Street

125 Broad Street
New York, NY 10004
Office, Leasing/Rental
  • Address 125 Broad Street
  • neighborhood Financial District
  • borough Manhattan
  • owner SL Green Realty
  • owner entity 125 BROAD CONDOMINIUM
  • floors 40
  • Year Built 1970
  • commercial units 7
  • total units 7
  • square feet 1,024,229
  • block and lot 1-00005-7501
  • BIN 1000006
  • Event Sales
  • Address 125 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 525,000
  • Price $ 202,000,000
  • Price per foot $ 384.76
  • Publication Date 06/01/2016
  • Event Date 05/18/2016
  • Party 1 Mack-Cali Realty
  • Party 2 Sullivan & Cromwell
notes
The commercial condominium building sold for $202 million.
  • Event Office Leasing
  • Address 125 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 22,000
notes
The financial firm signed a 15-year, 10-month lease for half of the 14th floor, Crain's reported. The tenant is relocating from 61 Broadway.
  • Event Office Leasing
  • Address 125 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 35,681
notes
The law firm signed a sublease.
  • Event Office Leasing
  • Address 125 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 56,106
  • Publication Date 07/01/2011
  • Event Date 05/22/2011
  • Party 1 Mack-Cali
  • Party 1 Brokerage CBRE
  • Party 1 Broker Mark Ravesloot, Peter Turchin, Gerry Miovski
  • Party 2 General Reinsurance Corporation
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker John Picco, Peter Van Duyne, Terry Kaufman
notes
The reinsurer signed a new 21-year, eight-month lease.
  • Event Office Leasing
  • Address 125 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 80,000
notes
The insurance firm signed a long-term lease. The company is relocating from 40 Wall Street.
  • Event Office Leasing
  • Address 125 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 37,400
notes
The advertising firm signed a 10-year lease.
  • Event Office Leasing
  • Address 125 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 37,000
  • Publication Date 12/01/2010
  • Event Date 10/22/2010
  • Party 1 Mack-Cali Realty
  • Party 1 Brokerage CBRE
  • Party 2 International AIDS Vaccine Initiative
  • Party 2 Brokerage Savills Studley
  • Party 2 Broker Marc Shapses, Jeff Schwartzenberg, Joseph Messina
notes
The nonprofit IAVI signed a lease to relocate its offices.
  • Event Office Leasing
  • Address 125 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 39,069
  • Publication Date 01/01/2010
  • Event Date 11/22/2009
  • Party 1 Brokerage CBRE
  • Party 2 Patrolmen's Benevolent Association
  • Party 2 Brokerage FirstService Williams
notes
The union representing the New York Police Department signed a 15-year lease. The tenant is relocating from 40 Fulton Street.
  • Event Office Leasing
  • Address 125 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 56,322
  • Publication Date 07/01/2009
  • Event Date 05/22/2009
  • Party 1 Mack-Cali Realty
  • Party 1 Brokerage In-house
  • Party 2 Herzfeld & Rubin PC
  • Party 2 Brokerage Savills Studley
  • Party 2 Broker Marc Shapses, Jeff Schwartzenberg, Joseph Messina
notes
The law firm signed a lease for the entire 12th floor and a portion of the 13th floor. The company is relocating from 40 Wall Street, where it had been a tenant for 50 years.
  • Event Office Leasing
  • Address 125 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 75,446
notes
The law firm signed an expansion lease and renewal.
  • Event Sales
  • Address 125 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 524,000
  • Price $ 273,000,000
  • Price per foot $ 520.99
  • Publication Date 05/01/2007
  • Event Date 03/22/2007
  • Party 1 SL Green Realty
  • Party 2 Mack-Cali Realty Corp.
notes
Mack-Cali bought SL Green's condominium interest in the building for $273 million, or $520 per square foot. The office condos occupy floors two through 16 in the 40-story property. SL Green had acquired the space in 2002 for $90 million, or $172 per square foot.
  • Event Sales
  • Address 125 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 26,300
  • Price $ 10,000,000
  • Price per foot $ 380.23
  • Publication Date 04/01/2005
  • Event Date 02/20/2005
  • Party 1 Sullivan & Cromwell
  • Party 2 ACLU

12/01/2012
A Studley team of David Goldstein and Greg Taubin represented law firm Sedgwick, which inked a deal to sublease the 39th floor of 125 Broad Street to another law firm, Holwell Shuster & Goldberg...

09/01/2012
Also, as TRD reported late last month, San Francisco-based law firm Sedgwick signed a lease to move its New York offices from about 75,446 square feet at 125 Broad Street to 43,374 square feet at Brookfield Office Properties’ 2 World Financial Center...

08/01/2011
As a result of Oppenheimer’s move, for example, the firm’s former 129,000-square-foot space at 125 Broad Street will now be available in December 2012...
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