CetraRuddy’s Supertall 45 Broad Street Finally Appears Ready to Rise, in the Financial District

45 Broad Street, image by CetraRuddy

YIMBY recently checked in on the status of 45 Broad Street, where a CetraRuddy-designed supertall is slated to rise 1,115 feet above Lower Manhattan. The site of the Financial District project, which is being developed by Madison Equities and Pizzarotti LLC, appears primed for the beginning of construction.

The site of 45 Broad Street in early July. Photo by Michael Young

When YIMBY last visited the site in late December, a number of piling machines and excavators were in position on the narrow piece of land. Looking through the green construction fence now, this machinery has been removed and the dirt is mostly leveled off. While no signs of recent work were visible, there are some lines of exposed steel rebar sticking out from the ground along the northern and southern perimeter of the site. We hope to see vertical progress in 2020. The Art Deco-inspired skyscraper will make a significant impression on the skyline with its curtain wall of elegant, reflective, sleek lines that top off in a sloped, golden crown.

Looking south at 45 Broad Street, depicted on the right side of the illustration. Drawing by Michael Young

A recent interview with Madison Equities’ CEO Robert Gladstone in Commercial Observer stated that the project is still in the foundation stage, but is about to commence with the pouring of foundations. This phase in construction is reported to take a total of four months to complete. Gladstone is also pleased with the initiative to help create a new pair of subway elevators for the Broad Street station for those with disabilities. This contribution is due to the Department of City Planning’s “subway bonus” initiative that allows developers to help fund subway improvements in exchange for zoning benefits for a construction site adjacent to a subway stop.

The time frame for the rise of the superstructure above street level and a completion date have not been announced yet.

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12 Comments on "CetraRuddy’s Supertall 45 Broad Street Finally Appears Ready to Rise, in the Financial District"

  1. They really downplay 1 World Trade a ton in that first photo. This site is only half a mile from 1 World Trade as the crow flies.

    • Good observation. They practically miniaturized 1 WT.

      • THEY “DOWNPLAY” ALL THE OTHER BUILDINGS AS WELL … WHAT IS A “BUSINESSMAN” SUPPOSED TO DO WHO EVER SAID “1 WORLD TRADE ” IS SUPPOSED TO HAVE A LONG LASTING PROMINANCE ON THE WORLD SKYLINE … RECORDS ARE MADE TO BE BROKEN .. SCREW OFF

  2. David in Bushwick | July 23, 2019 at 10:30 am | Reply

    This is the central location for the southern tip of Manhattan and this supertall will prominently mark that point.
    Thank good it does not have a flat top or silver reflective glass. It will be the counterpoint to 9 DeKalb in Brooklyn – should both projects actually get built.

  3. They aren’t downplaying 1wtc.. this is alot closer to old Manhattan skyline.. 40 Wall Street, exchange place, etc. these buildings are 100 yards away

    • As I noted, they are half a mile apart. This is pretty clearly intentionally rendered at an angle to make 1 WTC look smaller and thus this building more prominent by comparison.

      • Of course 1 WTC recedes into the background, because this image is more of a close-up to show what the building is like itself – colors, shapes, patterns, etc. – than a comparison of anything. It would be a little tacky if they did show the new buildings at the WTC much bigger – it would only further highlight how plain they are by comparison. Instead, both these images nicely show how the new building would be more like the interesting buildings closer by.

  4. Just before 9/11 there was a bond issue contemplated to cover moving the NYSE to this site in a 99-story building.

    After 9/11 it was judged to be a target and the bond issue was cancelled.

  5. After what feels like years of pounding in piles, the site looks exactly like it did before. For all we know the pile pounders plundered Pizzarotti, pocketed their pay and pulled off to Panama, Papua or the pampas of Patagonia

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