Pizzarotti IBC

Lawsuit says 670-foot-tall Seaport condo tower has an ‘off-kilter’ foundation and a leaning problem

Rendering courtesy of Goldstein Hill & West / Fortis Property Group

April 3, 2019

Lawsuit says 670-foot-tall Seaport condo tower has an ‘off-kilter’ foundation and a leaning problem

The sleek 670-foot-tall, 58-story condominium tower at 161 Maiden Lane that broke ground in 2015 alongside one of Manhattan’s most iconic vistas is leaning three inches to the north, according to a lawsuit filed by the project's contractor, the Observer reports. The contractor, Pizzarotti, filed a suit in New York State Supreme Court that alleges that an off-kilter foundation affects the structural integrity, facade, waterproofing, and elevators at the 150,000-square-foot tower and that developer Fortis Property Group is responsible.
Find out more

February 11, 2016

Groundwork Begins at Downtown Supertall 45 Broad Street

By Ondel Hylton

Wasting no time getting started, Madison Equities and Italy-based Pizzarotti Group have begun soil testing at the site of their upcoming supertall tower 45 Broad Street. After 6sqft revealed a trio of preliminary renderings last month, Pizzarotti Group's CEO Rance MacFarland told Curbed that the tower will stretch 1,100 feet high and have 86 floors. He also shared that it will contain 245 condo residences catering to "entry- and mid-level buyers."
Get a look at the current site

REVEALED: 45 Broad Street, Slated to Be Among the Highest Condo Buildings Downtown

** UPDATE as of 1/6/16: Pizzarotti CEO Rance MacFarland confirmed to Curbed that 45 Broad Street will be a 1,100-foot-tall, 86-story supertall tower. It will have 245 units that will cater to “entry- and mid-level buyers,” as well as five floors of commercial and retail space.

January 5, 2016

REVEALED: 45 Broad Street, Slated to Be Among the Highest Condo Buildings Downtown

By Ondel Hylton

Last October, it was announced that the long-vacant lot in the heart of the Financial District at 45 Broad Street would be redeveloped into a 65-story residential skyscraper by way of a partnership between Pizzarotti IBC and Madison Equities. Now, via Pizzarotti's project page, we have our first look at the design of the 300,000-square-foot CetraRuddy-designed tower that the development group affirms "will be the highest condo in Downtown Manhattan." The team will have to move quickly, though; at least two condo towers are proposed to be taller including Shvo's supertall at 125 Greenwich Street.
More details ahead

Pizzarotti IBC

Lawsuit says 670-foot-tall Seaport condo tower has an ‘off-kilter’ foundation and a leaning problem

Groundwork Begins at Downtown Supertall 45 Broad Street

REVEALED: 45 Broad Street, Slated to Be Among the Highest Condo Buildings Downtown

Pitch a Story

Interested in seeing the property in person?

Interested in seeing the property in person?

Distinctive Post Form

Get in Touch

Send us a Tip

Interesting in learning more about purchasing a new home?

Thinking about selling your home?

Sell a Home (Footer)

Before You Move On from this Page.

Your Passport to NYC:Subscribe for Local Insights and Stories!

Before You Move On
from this Page.

Your Passport to NYC:
Subscribe for Local Insights and Stories!