FiDi office tower to get new life as 571-unit luxury rental

October 31, 2025 / no comments

A downtown office building is poised for a residential makeover.  InterVest Capital Partners, which bought the 48-story tower at 30 Broad Street in the Financial District at a foreclosure auction in June, filed plans to convert the building into 571 rental apartments, Crain’s reported.  InterVest picked up the building after putting up the only bid of $1,000 at the auction. Elliott Ingerman and Bill Brodsky’s Tribeca Associates originally bought the building for $130 million in 2016. The ownership group refinanced its original $96 million debt to $124.6 million in 2019. InterVest bought the loan in February 2024 and filed a […]

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