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JV Pays $86M for 45 Broad Lot

Buyer Planning 65 Story Condo at Unrestricted Site
By James McAuliffe
November 2, 2015 | 8:03 P.M.

A joint venture between Madison Equities and Italian multi-national construction firm Impresa Pizzarotti & C. Spa, closed on its acquisition of a 0.19-acre development site at 45 Broad St. in Lower Manhattan for $86 million, equating to almost $461 million per acre.

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News | JV Pays $86M for 45 Broad Lot