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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
    • Publication Date 02/01/2013
    • Event Date 12/23/2012
    • Party 1 Sedgwick LLP
    • Party 1 Brokerage Savills Studley
    • Party 1 Broker Greg Taubin
    • Party 2 Holwell Shuster & Goldberg
    • Party 2 Brokerage Savills Studley
    • Party 2 Broker L. Craig Lemle, Nick Zarnin
    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
    • Publication Date 01/01/2008
    • Event Date 11/22/2007
    • Party 2 Sedgwick Detert Moran & Arnold
    • Party 2 Brokerage Savills Studley
    • Party 2 Broker David Goldstein, Michael Barlow, Greg Taubin
    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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