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Future plans for the corner of West 76th Street and Broadway, where a more than 100-year-old building is slated to be demolished, have been unveiled via permits with NYC’s Department of Buildings.
New York YIMBY first reported the news.
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The existing four-story structure at 2160 Broadway was home to a First Republic Bank location that closed in 2023 after the California-based financial institution’s assets were seized by the FDIC. The building is owned by Aleksandr Finkelshteyn, who purchased the property for $8.5 million in December 2024.
Finkelshteyn’s plans for the corner won’t surprise Upper West Siders. In line with recent trends, permits say the Brooklyn-based developer will construct a 12-story mixed use building with commercial and residential space. Similar conversions from commercial to primarily residential are planned at 214 West 80th Street (between Amsterdam and Broadway) as well the former Disney campus near Lincoln Center.
Permits indicate the building will create more than 20,000 square feet of residential space and just under 1,000 square feet of commercial space. This likely means the 12-story building will offer full floor residential units. Marketing materials for the existing property describe ‘wraparound Broadway frontage’ and between 13,000 and 18,000 of unused air rights.
According to Landmark West, the building was first constructed in 1907 by Joseph W. Jones, inventor of the speedometer. More recently, the building housed a Cosi location in the early 2000s, a Xando Coffee and Bar in 1997, and Bertha’s Mexican restaurant in 1993.
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