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Closings Launch at Broad Exchange Building

LCOR launched closings at the landmarked Broad Exchange Building in Lower Manhattan’s Financial District. Located at 25 Broad St. at the corner of Exchange Place, the Broad Exchange building—once the largest office building in Manhattan—includes 168 one-bedroom residences, 135 two-bedroom residences and four penthouses offering private outdoor space. 
 
“We couldn’t be more thrilled to reach this milestone, especially in light of the challenges posed by the pandemic,” said Anthony Tortora, SVP at LCOR. “We are looking forward to welcoming residents to their new homes and commend The Marketing Directors for our strong sales and for quickly adapting to ensure home showings and contract signings were done safely and effectively over the last year.”
 
Since the launch of sales, contracts have been signed for 60 of the roughly 100 available residences at the Broad Exchange Building, with more than 20 residences sold since the start of the pandemic. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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