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RXR Closes on Financing for FiDi Office-to-Resi Conversion

RXR, in partnership with One Investment Management, has closed on more financing for the $500-million-plus office-to-residential conversion of 61 Broadway, an office building in Manhattan’s Financial

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Summary

RXR, in partnership with One Investment Management, has closed on more financing for the $500-million-plus office-to-residential conversion of 61 Broadway, an office building in Manhattan’s Financial District, into a 796-unit residential tower.

Construction will begin later this month and the first units are expected to be delivered in the first half of 2028.

Originally built in...

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