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Silverstein, Metro Loft eye resi conversion of 55 Broad Street

55 Broad Street, Metro Loft Management's Nathan Berman, Silverstein Properties' Marty Bulger (Silverstein Properties, Loopnet)
55 Broad Street, Metro Loft Management’s Nathan Berman, Silverstein Properties’ Marty Bulger (Silverstein Properties, Loopnet)
Source: The Real Deal

Silverstein Properties and Metro Loft Management have revealed their plans for 55 Broad Street: one of the largest office conversions since the beginning of the pandemic. The developers are buying the Financial District building from Rudin Management in a deal reported last month. Rather than keeping the office property in place, however, the Wall Street Journal reported the developers plan on converting it into a residential building. The 30-story building will be turned into 571

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