Broad Street Development
Owner, Developer
Private Equity
80 Broad Street. Suite 200. New York, NY 10004
People:
Broad Street Development NYC portfolio
$459.3 million -office 82%, industrial 13%, condo 2%; Manhattan 98%, Brooklyn 1%*
544th largest portfolio by dollar value
704,809 sqft – office 86%, industrial 7%, N2 3%; Manhattan 96%, Brooklyn 3%
701th largest by SF
5 properties – Manhattan 85%, Brooklyn 14%
1948th largest
64 residential units – Brooklyn 96%, Manhattan 3%
2411th largest by residential units
2 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 3 for $117.1 million
Seller company: 1 for $13.3 million
Borrower company: 3 for $162.8 million
Developer (new building or major alteration): 1 for 380,709 square feet
Top Ten Associated Companies:
Deutsche Pfandbriefbank (2), Signature Bank (1), 40 Promising LLC (1), Infinity Real Estate (1), Lior Isaac Amram (1), ACORE Capital (1), Broadview Capital (1), Empire State Realty Trust (1), Apollo Global Management (1), 40 Bleecker Street Phe LLC (1)
Top Ten Associated People:
Steven J. Kassin (1), Lior Isaac Amram (1), Jason Mann (1), Thomas N. Keltner Jr. (1), Robert S. Frankel (1)
Recent activity as company:
• TPG Angelo Gordon and Broad Street Development borrowed $46 million from Apollo Global Management for 141 Franklin Street on July 02, 2026.
• Broad Street Development borrowed $110 million from ACORE Capital for 126 East 41 Street on June 04, 2026.
• Barings and Invesco sold 86 Broad Street for $65 million to Broad Street Development, PCCP and OneIM on March 26, 2026.
• Broad Street Development for Ryan Bird filed plans for major alteration for 380,709 sqft in Financial District, Manhattan, on January 22, 2026.
• Sofia Storage sold 141 Franklin Street for $43.5 million to TPG Angelo Gordon and Broad Street Development on July 15, 2025.
• Broad Street Development sold 40 Bleecker Street, NoHo, Manhattan for $13.3 million to Infinity Real Estate on December 12, 2024.
• Broad Street Development borrowed $6.8 million from Broadview Capital for 633 Chauncey Street on September 16, 2024.
• Bushwick Economic Development Corporation sold 633 Chauncey Street for $8.6 million to Broad Street Development on September 16, 2024.
• Broad Street Development and Crow Holdings Capital sold 56 East Houston Street for $114.9 million to Empire State Realty Trust on December 20, 2022.
• Broad Street Development and Terra Capital Partners borrowed $7.7 million from Deutsche Pfandbriefbank for 126 East 41 Street on October 17, 2022.
Latest Stories:
• Broad Street signs $110M refi with ACORE for office in Grand Central (June 22, 2026)
• Broad Street files plans for 326-unit conversion at 80 Broad in FiDi (January 26, 2026)
• TPG Angelo Gordon, Broad Street pay $43.5M for storage in Tribeca, plan condos (July 25, 2025)
• Infinity pays $13.3M to Broad Street for retail in NoHo (December 24, 2024)
• Broad Street sells Noho penthouse for $18.9M (June 22, 2021)
• Broad Street Development sells penthouse for $14.4M at 40 Bleecker (February 24, 2021)
• Broad Street sells 40 Bleecker unit PHC for $10.1M (January 08, 2021)
Court Records:
Properties: