Toy Building North

1107 Broadway | also 10 Madison Square West | NoMad | built 2015

Open on the map5 entries

Written with AI from the source each entry cites, then fact-checked.

  1. 1915

    A 16-story building designed by H. Craig Severance and W. Van Alen rises at 1107 Broadway

    Architects H. Craig Severance and W. Van Alen designed 1107 Broadway, a 16-story office building of about 337,000 square feet on the northwest corner at 24th Street. CityRealty dates its construction to 1915, and the building replaced the Albemarle Hotel. The International Toy Center's old website disagrees on some details: it says the hotel came down in 1911 and describes the new building as 15 stories tall.

    Source: cityrealty.com

  2. 1968

    Toy Center owners buy 1107 Broadway and join it to 200 Fifth Avenue with a bridge

    In 1968 the owners of the International Toy Center at 200 Fifth Avenue bought 1107 Broadway to expand the complex. A bridge was built between the two buildings so they would work as a single toy center. The purchase came after the 200 Fifth Avenue management decided in 1964 to renew leases only for toy-related tenants.

    Source: Internet Archive

  3. 2007

    October 31

    Tessler Developments buys 1107 Broadway from the Chetrit Group for $235 million

    The sale of 1107 Broadway by the Chetrit Group to Tessler Developments for $235 million was reported on October 31, 2007. Chetrit had acquired the whole toy center complex in 2005 for about $355 million. Yitzhak Tessler was quoted as planning 180 condominiums with indoor and outdoor pools and a roof deck, while a later report gave the plan as 187 units. Filed plans showed a rooftop addition of several stories.

    Source: cityrealty.com

  4. 2010

    Lehman Brothers sues to foreclose on the $136.8 million loan behind 1107 Broadway

    In 2010 the bankrupt Lehman Brothers filed suit against Yitzhak Tessler and his firm 1107 Broadway LLC, seeking to foreclose on a $136.8 million loan secured by the property. According to the lawsuit, Lehman had made the loan to fund the 2007 purchase of the building. By September 2011, Tessler said that all litigation over the building had been dropped.

    Source: therealdeal.com

  5. 2011

    September

    Witkoff Group closes on its $191 million purchase of 1107 Broadway from Lehman Brothers

    In September 2011 the Witkoff Group finished buying its part of the former International Toy Center from Lehman Brothers Holdings, paying $191 million. The deal followed a June bankruptcy auction run by Eastdil Secured. Witkoff planned a $290 million condominium conversion with 145 units, working with a Morgan Stanley real estate fund.

    Source: therealdeal.com

Nearby

All 23 buildings with stories in NoMad