14-Story Commercial Condo Tops out on East Broadway
Eight months of constant construction has yielded a new tower at the southwest corner of East Broadway and Pike Street. The new commercial condo building, flanked by cranes and construction equipment on a regular basis, just topped out this week at fourteen stories. Installation of the curtain wall (i.e. glass facade) is happening simultaneously.
As usual, the occasion was marked with the token American flag.
The new development – rebranded as “boutique office condominium” 100 East Broadway – will consist of 46,000 square-feet of commercial, and an as-yet-undetermined community facility.
100 East Broadway is advertising said commercial condos as perfect for “medical and professional use.”
As reported, the 9,800 square-foot (overgrown) parcel sold more than two years ago for an eye-popping $18.75 million. Developer Shing Wah Yeung of Yeung Real Estate Development was the buyer-developer. The site previously functioned as a Mobil gas station until June 2009; its convenience store structure wasn’t demolished until six years later, in the fall of 2015.