Originally built in 1986 and spectacularly renovated in 2006, this marquee address offers the most impressive collection of luxury condominiums in the heart of the Financial District. From its spectacular two-story lobby, to its furnished indoor lounge and roof deck offering Statue of Liberty, Hudson River and City Skyline views, to the state-of-the-art fitness center, recreation room and Reserve Cut Steak House on the 2nd floor, 40 Broad Street offers an all-inclusive experience and resort-like oasis. Centrally located and a short distance to major transportation hubs including Subway access to 2/3/4/5/A/E/J/Z/R/W and Path trains, in addition to the South Street Ferries/Water Taxis, Fulton Street Station and the Oculus. Whole Foods and Lifetime Fitness slated to open at Wall & Broadway in 2020.
Quick Profile
The Financial District (FiDi) today is a bit of a hybrid neighborhood, as the residential component continues to grow in an area that has been historically dominated by the financial and insurance industries. The residential experiment, which began more than two decades ago, continues to evolve in an area with a large concentration of older, large office buildings. Developers have taken to these aged buildings and have re-positioned them as residential properties. In turn, the public spaces, services and retail establishments needed for a thriving residential neighborhood have followed making this an important destination for city residents.
Since 2000, the residential population of the Financial District has nearly tripled in size from about 23,000 residents to more than 60,000 inhabitants. Many of the residential pioneers to FiDi were people attracted to the lower rents in the neighborhood, particularly the post-collegiate crowd. While the millennials still maintain a large footprint here, there are plenty of families that now consider the Wall Street area home.
Many of those that live in the Financial District walk to work. If you reside here and need to commute elsewhere, the transportation from here is about as good as it gets. Express trains can take you to Midtown, either east or west, in twenty minutes. Brooklyn is but a single subway stop away. There are also ferries across to Brooklyn, Queens and Staten Island.