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Broad Street Development Secures $250 Million Recapitalization and $175 Million in Financing for Office-to-Resi Conversion of Maritime Exchange Building at 80 Broad Street

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Broad Street Development Secures $250 Million Recapitalization and $175 Million in Financing for Office-to-Resi Conversion of Maritime Exchange Building at 80 Broad Street

Deal Arranged by Newmark with Financing Provided by Derby Lane Clears Path for Adaptive Conversion of Historic Lower Manhattan Tower; Will Yield 326 Rental Units Under the City's 467-m Program NEW YORK , March 31, 2026 /PRNewswire/ -- Raymond Chalmé and Daniel Blanco's Broad Street Development (BSD)

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