55 Broad Street
Financial District | built 1968
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The city photographed every building for its tax records around 1940 and again in the 1980s. NYC Municipal Archives.
Written with AI from the source each entry cites, then fact-checked.
- 1967
Emery Roth & Sons complete a 30-story tower with Goldman Sachs as its first tenant
Samuel Rudin bought two connected 10-story buildings on the site in October 1964 and had them demolished. Emery Roth & Sons finished the 30-story tower in 1967. Goldman Sachs, then in its early growing years, was the tenant until it outgrew the space and left in 1983.
Source: Wikipedia
- 1990
Drexel Burnham Lambert's collapse leaves the tower empty
Drexel Burnham Lambert, the firm where financier Michael Milken worked, moved in as the main tenant in 1985 and went bust in 1990. The building sat empty until the owners, the Rudin family, spent around $40 million over about five years removing asbestos and adding broadband and internet connections.
Source: Wikipedia
- 1995
Sun Microsystems and Ernst & Young startup incubators move into the rewired tower
After the renovation, 55 Broad Street drew technology tenants, including Sun Microsystems and incubator space for startups run by Ernst & Young. Many of them left after the dot-com bust of 2000.
Source: Wikipedia
- 2023
Silverstein Properties and Metro Loft buy the tower for a residential conversion
Silverstein Properties and Metro Loft bought 55 Broad Street from the Rudin family in July 2023 for $173 million. CetraRuddy was hired as architect the following month to convert the 30-story office tower into 571 apartments, planned as an all-electric building.
Source: Wikipedia
Further reading
- 55 Broad StreetWikipedia
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