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...