IDM Capital

New Rendering Revealed as 809 Broadway Nears Finish Line in Greenwich Village

A new hero shot has been revealed for 809 Broadway, a 15-story mixed-use tower rising in Greenwich Village, Manhattan. Construction has topped out, and façade installation is underway, meaning completion by the end of year is likely. The structure is just a few blocks away from Union Square, the fourth busiest subway station in New York in 2017, serviced by the 4, 5, 6, N, Q, R, W, and L trains. IDM Capital is responsible for the development, which hopes to satisfy the demands of the City’s expanding Silicon Alley.

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809 Broadway

15-Story Condo & Retail Project At 809 Broadway Lands Financing, Greenwich Village

IDM Capital, manager to the developer 809 Broadway Associates LLC, has received a $30 million construction loan for their 15-story, 10-unit condominium building at 809 Broadway, three blocks south of Union Square, in Greenwich Village. According to Commercial Observer, the project, an expansion of the existing five-story building, will measure 40,000 square feet, with a 5,000 square-foot retail portion spanning the ground and basement levels. ODA is designing, and completion is expected in 2017 or 2018.


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