
Filtered by Tag: Financial District


10 Hanover Square
Witkoff acquired 10 Hanover Square, located in Manhattan’s Financial District, in 1995. At the time, it was a 522,000 square foot office building. Following acquisition, Witkoff completed a gut renovation as part of an agreement to secure Goldman Sachs as a long-term tenant. When Goldman Sachs later vacated the building to move to their new corporate headquarters, Witkoff redeveloped the building into a 493-unit Class A rental building with ground floor retail and sold it to UDR, one of the largest national multi-family REITs.

One Broadway
The International Mercantile Marine Company Building, also known as One Broadway, is a 185,000 square foot office building overlooking Battery Park and the New York Harbor in Manhattan’s Financial District. The building was originally constructed in 1882 and previous uses of the site included serving as headquarters for George Washington during the American Revolution. It was added to the National Register of Historic Places in 1991. Witkoff acquired One Broadway in 1996 through a purchase option made available by an existing tenant.

55 Wall Street
Located in Manhattan’s Financial District, 55 Wall Street is a nine-story Greek Revival style building that was originally constructed from 1836 to 1842 to house the Merchants’ Exchange. It was designated a New York City Landmark in 1965 and was named a National Historic Landmark in 1978. Witkoff acquired 55 Wall Street in 2005 and redeveloped it into a Cipriani-branded condominium with 101 luxury residences, one of the largest event spaces in New York City, a private club, and a restaurant. Witkoff’s redevelopment achieved the highest relative value per square foot in the Financial District.

125 Broad Street
125 Broad Street is a 40-story Class A office tower located in Manhattan’s Financial District. In 1998, Witkoff purchased two condominium units totaling 525,000 square feet and fully leased all vacant space.
