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    61 Broadway

    61 Broadway
    New York, NY 10006
    Office, Leasing/Rental

    The 786,975-square-foot, 33-story office building at 61 Broadway in Lower Manhattan traded hands as recently as early 2014. Privately held real estate investment firm RXR Realty paid $330 million to Broad Street Development for the building built in the 1910s.

    RXR then set about on $8.5 million in capital improvements for 61 Broadway to, as the firm put it, position the building as one of the most modern assets in the emerging Downtown neighborhood.

    Before it sold the building, Broad Street leased up several deals with different tenants, some of whom were driven to the building by damage Superstorm Sandy did to their old office space in late 2012. The new tenants included law firm Rosner Nocera & Ragone, the MT2 Network, and law firm Vincenti & Vincenti. Asking rents in 61 Broadway were in the $30s per square foot then.

    Francis Kimball designed the building in the Palazzo style. ¾-TA

    • Address 61 Broadway
    • neighborhood Financial District
    • borough Manhattan
    • owner RXR Realty
    • floors 33
    • Year Built 1913
    • square feet 786,975
    • block and lot 1-00021-0001
    • BIN 1000808
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 24,479
    notes
    The visual effects company signed a 10-year lease for the Financial District space.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 60,323
    notes
    The co-working company signed a lease for the Financial District location.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 22,000
    • Price per foot $ 60.00
    • Publication Date 07/02/2018
    • Event Date 06/18/2018
    • Party 1 RXR Realty
    • Party 2 Hello Alfred
    notes
    The property management startup signed a 10-year lease for the Financial District space at around $60 per square foot.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 22,000
    • Price per foot $ 60.00
    • Publication Date 06/25/2018
    • Event Date 06/18/2018
    • Party 1 RXR Realty
    • Party 2 Hello Alfred
    notes
    The property management startup signed a 10-year lease for the Financial District space at around $60 per square foot.
    • Event Financing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 787,000
    • Price $ 290,000,000
    notes
    The company secured a $290 million loan which consists of a $240 million mortgage from Bank of China and $50 million in mezzanine financing from SL Green.
    • Event Sales
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 787,000
    • Price $ 440,000,000
    • Price per foot $ 559.09
    • Publication Date 06/01/2016
    • Event Date 05/18/2016
    • Party 1 RXR Realty
    • Party 2 China Orient
    notes
    RXR Realty sold a 49% interest for $440 million.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 6,836
    • Publication Date 06/01/2016
    • Event Date 05/18/2016
    • Party 1 RXR Realty
    • Party 1 Brokerage Newmark Grubb Knight Frank
    • Party 1 Broker Ben Shapiro, Andrew Peretz
    • Party 2 City and State Media
    • Party 2 Brokerage RXR Realty
    • Party 2 Broker Daniel Birney
    notes
    The media company signed a lease.
    • 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
    • Event Financing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 786,975
    notes
    A $200 million acquisition loan was provided for the office building.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 1,500
    • Price per foot $ 45.00
    • Publication Date 07/01/2013
    • Event Date 05/22/2013
    • Party 1 Brokerage Mongoose Atlantic
    • Party 1 Broker Irina Forkosh
    • Party 2 Mongoose Atlantic
    • Party 2 Brokerage Fountain Realty Group
    • Party 2 Broker Daniel Miraglia
    notes
    The design firm signed a five-year lease.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 2,000
    • Publication Date 07/01/2013
    • Event Date 05/22/2013
    • Party 2 New York City Osteopathy
    • Party 2 Brokerage HelmsleySpear
    • Party 2 Broker Gregg Slotnick
    notes
    The medical practice signed a five-year lease.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 2,200
    • Publication Date 07/01/2013
    • Event Date 05/22/2013
    • Party 1 Broad Street Development
    • Party 1 Brokerage In-house
    • Party 2 City & State NY
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Ben Shapiro
    notes
    The government and politics publication signed a new lease on the 28th floor.
    • 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.
    • 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.
    • 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.
    • 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.
    • 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.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 607
    • Publication Date 07/01/2013
    • Event Date 05/22/2013
    • Party 1 Broad Street Development
    • Party 1 Brokerage In-house
    • Party 2 DLD Asset Management
    • Party 2 Brokerage Savills Studley
    • Party 2 Broker Lance Leighton
    notes
    The asset management firm signed a new lease on the 26th floor.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 4,000
    • Publication Date 04/01/2013
    • Event Date 02/20/2013
    • Party 1 Broad Street Development
    • Party 1 Brokerage In-house
    • Party 2 Law Offices of Lauren Baum
    • Party 2 Brokerage Newmark Grubb Knight Frank
    • Party 2 Broker Todd Hershman
    notes
    The law firm signed a new lease on the 10th floor.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 2,142
    • Publication Date 04/01/2013
    • Event Date 02/20/2013
    • Party 1 Broad Street Development
    • Party 1 Brokerage In-house
    • Party 2 Morelli Gerrard & Lassalle
    notes
    The law firm signed a lease on the fifth floor.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 1,950
    notes
    The medical office signed a lease on the ninth floor.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 5,000
    • Publication Date 04/01/2013
    • Event Date 02/20/2013
    • Party 1 Broad Street Development
    • Party 1 Brokerage In-house
    • Party 2 Vincenti & Vincenti PC
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Michael Burgio, Daniel Organ
    notes
    The law firm signed a new lease on the 13th floor.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 8,135
    • Publication Date 04/01/2013
    • Event Date 02/20/2013
    • Party 1 Broad Street Development
    • Party 1 Brokerage In-house
    • Party 2 Rosner Nocera & Ragone
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Frank Cento
    notes
    The law firm signed a new lease on the 19th floor.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 4,233
    • Publication Date 04/01/2013
    • Event Date 02/20/2013
    • Party 1 Broad Street Development
    • Party 1 Brokerage In-house
    • Party 2 87AM
    • Party 2 Brokerage Cassidy Turley
    • Party 2 Broker Theodora Livadiotis
    notes
    The creative agency signed a new lease on the 10th floor.
    • Event Office Leasing
    • Address 61 Broadway
    • Neighborhood Financial District
    • Borough Manhattan
    • Square feet 5,117
    notes
    The environmental health and engineering firm signed a lease on the 16th floor.
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    02/02/2015
    Meanwhile, JLL is gaining ground. Its New York investment sales group, including Richard Baxter and Jon Caplan, jacked up its deal volume, giving the local office a boost of about 15 percent year-over-year to $2.2 billion. The largest of its 30 deals was the sale of the Lower Manhattan office building 61 Broadway to RXR Realty for $330 million...

    09/01/2014
    One aspect of the Manhattan’s office leasing market was stuck in the summer doldrums last month, as landlords put far fewer square feet on theOne aspect of the Manhattan’s office leasing market was stuck in the summer doldrums last month, as landlords put far fewer square feet on the...
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