100 Broadway


New York, NY

Acquisition Date:

October 2010


380,000 square feet of Office; 30,000 square feet of Retail

Asset Type:

Office and Retail


Madison acquired the property in October 2010. The building is located in the heart of Downtown Manhattan with over 125 feet of frontage on Broadway. The building was completely modernized in 1998 and was 70% occupied at acquisition. Madison repositioned the building through a combination of capital investment and aggressive leasing efforts, resulting in a 90% increase in retail income and an increase in office occupancy to 95%. Madison subsequently sold the property in 2013.