
45 Broad Street Rendering. Image Credit: CPC
Application approval will bring ADA accessibility to Downtown Manhattan. On April 23, 2018, the City Planning Commission approved the application for a special permit to allow a floor area bonus (FAR) of up to 20 percent to the basic maximum FAR to the 45 Broad Street development in connection with proposed subway improvements. The application was submitted by Madison 45 Broad Development LLC. The special permit will allow the construction of two subway elevators on the Broad Street and Wall Street stations, as part of an application for a new mixed-use residential building. On March 14, 2018, the Commission held a public hearing on the special permit. To read CityLand’s coverage of the hearing, click here. (read more…)