Broad Street Development purchased 61 Broadway, a 786,975 square foot property, in 2004. Upon taking over, BSD instituted an intense prebuild and marketing plan which nearly doubled the NOI and retained a strong tenant base. In recent years, BSD upgraded the elevator mechanics, common corridors and public restrooms throughout the building. In 2011, BSD repositioned the grade level on theTrinity side, from an office/storage area to a glass storefront and leased the space to Trinity Place Department Store.