Press Release brought to you by LCOR

25 Broad Launches Third Phase of Leasing Program

11/30/2012

Media contacts: Stephanie Palumbo, Quinn & Co. Public Relations, 212-868-1900 x242, spalumbo@quinnandco.com or Maggie Hawryluk, Quinn & Co. Public Relations, 212-868-1900 x266, mhawryluk@quinnandco.com

 

LCOR’s 25 Broad Launches the Third Phase of its Leasing Program

 

Third floor lofts and the first release of penthouses have been added

to the availability at the 21-story landmarked building

 

New York, NY (Nov. 30, 2012) – LCOR, a fully-integrated real estate company specializing in property investment, management and development,announces that two additional apartment layout styles are now available at 25 Broad for occupancy December 15. The third floor lofts and first release of penthouses offer renters gorgeous, historic homes that provide them with practical and pleasurable comforts.   

 

“The ongoing positive response from residents interested in 25 Broad has brought the building to 80 percent leased,”said David Sigman, Executive Vice President at LCOR. “As the demand continues to hold strong and construction continues to progress, we are presented with the opportunity to launch the third phase of the building’s leasing program.”

 

The stunning third floor lofts at 25 Broad include 13 foot ceilings, oversized landmarked windows and a historic grand marble staircase that leads directly to these residences, in addition to convenient elevator access. These homes are a mix of loft studios, one- and two-bedroom residences, which vary in size from 800 sq. ft. to 1,600 sq. ft. Monthly rents range from $3,400 to $6,900.

 

This first release of penthouse apartments vary from 800 sq. ft. to 1,514 sq. ft. and provide residents with an elegant assortment of one- and two-bedroom homes located on the 22nd floor. These incredibly spacious penthouse apartments are priced at $3,900 to $7,395 per month and are located on the highest floor currently available for lease at 25 Broad.

 

Homes at 25 Broad feature a range of premium finishes that complement the building’s historic details. Apartments include open, gourmet kitchens with high-end stainless steel Bosch appliances, glass backsplashes, white Lazza glass serving counters and Poliform cabinetry with glass upper fronts and under cabinet lighting. Master baths incorporate Bianco Lasa marble floors, glass cabinets with oversized mirrored medicine cabinets, Porcelain undermount sinks, Waterworks fixtures and full-sized soaking tubs.

 

Residents at 25 Broad are offered an immense selection of services and amenities including 24-hour doorman, concierge services, a high-tech game room and lounge equipped with WiFi, a golf simulator, children’s playroom, a state-of-the-art fitness center with a separate yoga studio, concierge/valet services and storage on every floor. 25 Broad is also a pet-friendly building.

 

25 Broad is a historic federally landmarked property, located in the heart of the Financial District, at the corner of Broad Street and Exchange Place,just one block from the New York Stock Exchange. The building dates back to 1902 when it was known as the “Broad Exchange Building,” designed by Clinton & Russell, the renowned architectural firm. Renovated by LCOR, the building maintains its historic details with a gorgeous marble lobby, 18-foot ceilings and grand marble staircases.

 

The on-site leasing office is open Monday through Friday from 10am to 6pm and weekends from 11am to 6pm. For more information, please call the leasing office at (212)425-0025 or visit 25broadnyc.com

 

About LCOR:

LCOR is a fully integrated real estate company with a mission to create better places to live, learn, work, travel and play.  In 2012 LCOR recapitalized the company with the California State Teacher’s Retirement System and the resulting new platform, with a significant asset and capital base, is poised for strategic portfolio growth.  LCOR specializes in core urban development and acquisition / redevelopment opportunities where assets can be repositioned or rehabilitated to add value.  The company is a pioneer and leader in public/private development, including government spaces, aviation facilities and infrastructure. LCOR’s real estate operating and development business manages more than 7,400 multifamily units, 7.5 million square feet of commercial space and a substantial development pipeline of mixed use real estate in core markets.  Nationally, LCOR has developed more than 21,000 residential units and 18+ million square feet of commercial space.  LCOR is principally focused in the eastern United States, with offices in New York City and the Washington D.C. and Philadelphia metro areas.

 

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11/30/2012 - 13:32

Source

LCOR

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