
Silverstein Plans Restoration for Equitable Building
The iconic Equitable Building, an office tower in Manhattan’s Financial District, will get an extensive restoration that respects its rich history and distinct architecture.
“120 Broadway is unique and irreplaceable. Our plan is to restore and refine the building’s unique architectural features, and also update the property and its services,” said Larry A. Silverstein, chairman of building owner Silverstein Properties, which plans to start a $50 million capital improvement program in early 2018.
A redesign will be completed by building tenant Beyer Blinder Belle Architects & Planners (BBB). “The renovation will complement the existing historic lobby and enhance it with 21st-century amenities to create a modern and welcoming entry reflective of the building’s significance,” said Carlos Cardoso, partner at BBB.
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