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Plan ID: CD180154 Occupied: RESIDENTIAL
Name: BROAD EXCHANGE BUILDING CONDOMINIUM (THE) Eviction:
Address: 25 BROAD STREET Initial Price: $395,000,000.00
NEW YORK, NY 10004 Current Price: $385,600,000.00
Boro/County: MANHATTAN Submitted Date: 04/19/2018
Location Code: MANHATTAN Withdrawn Date:
Type: CONDOMINIUM Rejected Date:
Construction: CONVERSION Reviewed Date: 04/05/2019
Units: Accepted Date: 04/05/2019
Review Attorney: LEE J Abandoned Date:
Action: ACCEPTED Effective Date: 06/22/2020
CPS-10 Certification Filed:
Amendment No:11Submitted Date:06/15/2024Next Amendment
Review Attorney:LEPERIDES CReviewed Date:08/01/2024 
Review Engineer: Action:ACCEPTED 
Contents*Click here to view the amendment codes key.:12; CHANGE IN PRICE -$210,000; NEW TOTAL OFFERING PRICE $385,600,000; SPONSOR FINANCIAL DISCLOSURE ITEMS; REAL ESTATE TAXES UPDATED; NEW SPONSOR / PRINCIPAL(S) OF SPONSOR; NON-SPONSOR-CONTROLLED BOARD; 73- FINANCIAL STATEMENT YEAR 2023; 72; (12) Previous Amendment

Building Info

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Plan ID: CD180154
Number of Units
Commercial 0
Parking 0
Professional 0
Resort 0
Residential 308
•Regulated 0
•Non-Regulated 0
Storage 283
Other 0
Total 591
Project Name: BROAD EXCHANGE BUILDING CONDOMINIUM (THE)
 
Building Type: Condo 
Residential Conversion:  
Residential Vacant: Rehab 
Commercial:  
 
 
 

Statistical Record

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Plan ID: CD180154
Project Name: BROAD EXCHANGE BUILDING CONDOMINIUM (THE)
Address: 25 BROAD STREET
NEW YORK, NY 10004
Country: US
County: MANHATTAN
Location: MANHATTAN
Sponsor Name: 25 BROAD STREET L/CAL LLC
Address: 850 CASSATT ROAD, SUITE 300
BERWYN, PA 19312
Law Firm: KRAMER LEVIN NAFTALIS & FRANKEL, LLP
By: Nicole M DeBare, ESQ.
Phone: (212) 715-9594
Address: 1177 AVENUE OF THE AMERICAS
NEW YORK, NY 10036
Type of Offering: CONVERSION OF OCCUPIED BUILDING TO CONDO
Plan Type: CONDOMINIUM
Construction Type: CONVERSION

Principals of Sponsor

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Plan ID: CD180154
Project Name: BROAD EXCHANGE BUILDING CONDOMINIUM (THE)
Sponsor Name: 25 BROAD STREET L/CAL LLC
 
Select A Principal Below To View Other Plans Associated With Them.
Last NameFirst NameMITitle/Function
SIGMAN DAVID PRINCIPAL
LANDAU SETH PRINCIPAL

Statistical Record

 Plan ID:   
 
NAME OF PROJECT: BROAD EXCHANGE BUILDING CONDOMINIUM (THE) File NO: CD180154
ADDRESS: 25 BROAD STREET DEPOSIT: $15,000.00
CITY: NEW YORK REC./DATE: 04/20/2018 (#146062)
COUNTY: MANHATTAN BALANCES: $15,000.00
STATE: NY REC./DATE: 04/25/2019 (#151170)
ZIP: 10004 INIT. PP:
SPONSOR: 25 BROAD STREET L/CAL LLC PP on Accep: $395,000,000.00
SPONSOR'S ATTORNEY (Firm): KRAMER LEVIN NAFTALIS & FRANKEL, LLP Atty.: RHYS, ESQ. S
BY: Nicole M DeBare, ESQ. PLAN REC'D:
ADDRESS: 1177 AVENUE OF THE AMERICAS ASSIGNED TO: LEE J
NEW YORK, NY 10036 REJECTED:
PLAN TYPE: PT23 (Occ. Condo) WITHDRAWN:
ABANDONED:
ACCEPTED: 04/05/2019
DATE EFFECTIVE: 06/22/2020
UNITS SOLD: 50

BUILDING INFORMATION
Building Type: Condo No. Units Total:

PRINCIPALS OF SPONSOR
Last Name First Name MI Title/Function
SIGMANDAVIDPRINCIPAL
LANDAUSETHPRINCIPAL

AMENDMENTS
No: 11 Submitted Date: 06/15/2024 Review Attorney: LEPERIDES C
Review Date: 08/01/2024 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 12; CHANGE IN PRICE -$210,000; NEW TOTAL OFFERING PRICE $385,600,000; SPONSOR FINANCIAL DISCLOSURE ITEMS; REAL ESTATE TAXES UPDATED; NEW SPONSOR / PRINCIPAL(S) OF SPONSOR; NON-SPONSOR-CONTROLLED BOARD; 73- FINANCIAL STATEMENT YEAR 2023; 72; (12) Receipt Number: 9023327

No: 10 Submitted Date: 08/09/2023 Review Attorney: SHAH S
Review Date: 11/06/2023 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : NEW SPONSOR / PRINCIPAL / SELLING AGENT; SPONSOR-CONTROLLED BOARD; 73- FINANCIAL STATEMENT YEAR 2022; 72; (12) Receipt Number: 9019347

No: 9 Submitted Date: 09/08/2022 Review Attorney: LEE J
Review Date: 09/19/2022 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11; CHANGE IN PRICE $465,000; NEW TOTAL OFFERING PRICE $385,810,000; SPONSOR FINANCIAL DISCLOSURE ITEMS; 73- FINANCIAL STATEMENT YEAR 2021; 71; OTHER: LOAN INITIAL MATURITY DATE: DECEMBER 31, 2023; (12) Receipt Number: 9014206

No: 8 Submitted Date: 09/14/2021 Review Attorney: LEE J
Review Date: 10/01/2021 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SPONSOR FINANCIAL DISCLOSURE ITEMS; SCHEDULE A - NEW; NEW SELLING AGENT; PREVIOUS BUDGET EXTENDED AND CERTIFIED BY BUDGET EXPERT; UPDATED NYS TRANSFER TAX DISCLOSURE (6) Receipt Number: 9008544

No: 7 Submitted Date: 04/02/2021 Review Attorney: LEE J
Review Date: 04/19/2021 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11; CHANGE IN PRICE $5,250,000; NEW TOTAL OFFERING PRICE $385,345,000; 90; SPONSOR FINANCIAL DISCLOSURE ITEMS; SPONSOR-CONTROLLED BOARD; SCHEDULE A - NEW; NEW SELLING AGENT; REVISED FLOOR PLANS / COMBINED UNITS; REVISED ARCHITECT?S REPORT; FIRST CLOSING DATE: 3.4.2021; RESERVE FUND DISCLOSURE; CHANGE IN BLANKET INSURANCE COVERAGE; PENTHOUSE STORAGE BINS DISCLOSURE (6) Receipt Number: 9005993

No: 6 Submitted Date: 11/12/2020 Review Attorney: LEE J
Review Date: 11/30/2020 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : COMMON INTEREST OF UNIT T-PH1 CORRECTION; STATUS OF CLOSING (6) Receipt Number: 9003457

No: 5 Submitted Date: 06/25/2020 Review Attorney: LEE J
Review Date: 07/02/2020 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 20-EFFECTIVE BY 50 UNITS = 16.23% IN CONTRACT; EFFECTIVE BY NOTICE - 6/22/2020; RESERVE FUND DISCLOSURE (6) Receipt Number:

No: 4 Submitted Date: 05/05/2020 Review Attorney: LEE J
Review Date: 05/09/2020 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SCHEDULE A - NEW; EXCLUSIVE PURCHASE PERIOD OFFERED; DISCOUNT TO QUALIFIED TENANTS (6) Receipt Number:

No: 3 Submitted Date: 02/25/2020 Review Attorney: WORREL W
Review Date: 03/05/2020 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : UPDATES FIRST YEAR OF OPERATION TO ; FINCEN DISCLOSURES; DISCOUTOFFER TO UALIFIED TENANTS EXCLUSIVE PURCHASE PERIOD (6) Receipt Number: 155537

No: 2 Submitted Date: 02/12/2020 Review Attorney: WORREL W
Review Date: 02/12/2020 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 12;CHANGE IN PRICE $11,725,000; NEW TOTAL OFFERING PRICE $380,095,000; REVIEWED 2/18/20; SCHEDULE A - NEW (0) Receipt Number: 155312

No: 1 Submitted Date: 08/15/2019 Review Attorney: LEE J
Review Date: 09/27/2019 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : DECLARATION / BYLAWS REVISED; NEW TRANSFER, MANSION, AND SUPPLEMENTAL TAX DISCLOSURE; CONFIRMING UPDATES TO UNIT MEASUREMENT METHODOLOGY; (0) Receipt Number: 152971


Documents

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Please note that certain documents associated with this plan ID may not be posted below despite others being posted below. Only documents that have been prepared for posting will be posted below; additional documents may be added on an ongoing basis as they are prepared. Please also note that if more than 10 documents are posted, they will appear on multiple pages.

Total documents found: 8
CD180154_Broad Exchange Building Condominium (The)_Offering Plan.pdf 276.916 MB
CD180154_Broad Exchange Building Condominium (The)_Amendment 11.pdf 1.04 MB
CD180154_Broad Exchange Building Condominium (The)_Amendment 10.pdf 1.715 MB
CD180154_Broad Exchange Building Condominium (The)_Amendment 9.pdf 1.323 MB
CD180154_Broad Exchange Building Condominium (The)_Amendment 8.pdf 0.953 MB
CD180154_Broad Exchange Building Condominium (The)_Amendment 7.pdf 1.265 MB
CD180154_Broad Exchange Building Condominium (The)_Amendment 6.pdf 0.012 MB
CD180154_Broad Exchange Building Condominium (The)_Amendment 5.pdf 0.272 MB