Press Release brought to you by LCOR

LCOR's 25 Broad Continues Leasing Success, Opening New Section of Building

04/01/2013

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 Continues Leasing Success, Opening New Section of Building

LCOR Partners with BoConcepts for New A-line Model

 

NEW YORK (March 18, 2013) – LCOR, a fully-integrated real estate company specializing in property investment, management and development,announced the launch of an additional apartment layout style at 25 Broad for immediate occupancy. The A-line apartments offer renters spacious, historic homes that feature unique finishes and an abundance of light.   

“With the majority of 25 Broad’s construction complete and the building at 85 percent occupancy, we are excited to open this section of the building,” said David Sigman, Executive Vice President and Principal at LCOR. “Partnering with BoConcepts in the furnished model allowed us to showcase the new design and layouts in an environment people could envision as their home.”

The stunning A-line apartments at 25 Broad feature three walls of oversized landmarked windows and spacious layouts, as these incredible spaces offer triple exposures. These 19 homes are a mix of one- and two-bedroom residences, which vary in size from 916 sq. ft. to 955 sq. ft. Monthly rents start at $3,800 for a one-bedroom and go up to $5,200 for a two-bedroom home. 25 Broad’s A-line homes are exquisitely designed with premium finishes including marble baths, stainless steel appliances from GE and stone countertops.

“The architecture of the grand entrance and the historic elements coupled with the modern design of the apartment interiors inspired me to create a harmonic, lively feel of the A-line apartment furnishings. The layout of the floor plan is so easy to work with using our modular Danish design and by including splashes of color and eccentric, fun accessories, we were able to create a space that inspires great living,” said Niki Cheng, owner of BoConcept New York.

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 12pm to 5pm. 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 approximately 8,000 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.

04/01/2013 - 13:38

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LCOR

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