Piedmont Office Realty Trust, Inc., a leading owner of Class A office properties,has launched a significant capital improvement program at its 60 Broad Street building in New York’s Financial District. As part of the company’s ongoing investment in the 39-story glass and steel skyscraper, Piedmont has retained renowned New York architect – and building tenant – MA | Morris Adjmi Architects to design a new building entryway, lobby, elevator cabs and amenities.
MA | Morris Adjmi Architects’design will create a newBroad Streetlobby that activates the space and establishes a welcoming environment for tenants and visitors.The design will enhance the original cachet of the property with a signature motif painted across the portico, a bespoke reception area, innovative lighting, new artwork, and a hospitality-inspired layout that both promotes social gathering and provides individual working areas.
MA | Morris Adjmi Architects is celebrated for its contextual contributions to New York City’s urban fabric and has a growing portfolio of prominent commercial, residential, hospitality, institutional, and cultural projects throughout the U.S. and abroad. The multidisciplinary firm also has a renowned interior design division and an in-house art service consultancy. This partnership is unique as Adjmi’s offices are located on two of the building’s tower floors.
“60 Broad Street is a prestigious address with a storied history, and we believe Morris Adjmi Architects’ creativity and skill will transform the building environment,” said Bob Wiberg, EVP of the Northeast Region for Piedmont Office Realty Trust. “Adjmi’s trademark architectural approach will reinforce 60 Broad’s distinct character and deliver a refreshed and elevated lobby experience that sets a new standard for the Financial District submarket.”
“60 Broad Street is our home and the lobby is our front door, so we’re extremely invested in getting the experience right,” said Morris Adjmi, Principal and Founder of Morris Adjmi Architects. “For the reimagined space, we drew inspiration from the most compelling hotel lobbies, residential amenities and even art galleries, to create an environment that will serve the building community in new and exciting ways. It’s been a fantastic experience working with Piedmont and JLL, and we can’t wait for the renderings to become reality.”
JLL Executive Managing Director John Wheeler, Vice President Eliza Gordon and Associate Thomas Swartz, are the exclusive leasing agents for the tower. “60 Broad Street has enjoyed high occupancy under Piedmont’s stewardship,” said Wheeler. “Piedmont is optimistic about the future of Lower Manhattan and the position of 60 Broad Street with its unique environment, thoughtful amenities, sustainability initiatives and experience-oriented ownership.”
With some of the city’s most spectacular views of the New York Harbor, current available space features efficient, side core floorplates ranging from 12,000 to 50,000 square feet, reception areas, conference rooms, and breakout areas bathed in light, air, and views. An in-building co-working provider supports scalability for boutique tenants and the property is equidistant to two of Downtown’s most coveted outdoor recreation areas – the South Street Seaport and Battery Park City. With two major transit hubs – the Fulton Transit Center and the World Trade Center – every subway, as well as PATH, is within a five-minute walk. Dining runs the gamut from casual to Michelin star restaurants and the neighborhood abounds with after-work options from Stone Street, the Hudson River, and adjacent Brookfield Place; this neighborhood truly offers every convenience.
Piedmont anticipates the new lobby project will be completed in summer 2023, offering a transformed experience for current and future tenants.
About Piedmont Office Realty Trust
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties. Its approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody’s (Baa2). Piedmont is a 2022 ENERGY STAR Partner of the Year. For more information, see www.piedmontreit.com.
