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Forward Building, 175 East Broadway

between Rutgers Street & Canal Street   |    Lower East Side

for more information Are you ready to tour Forward Building? Contact

Key Details

  • Condo
  • Built in 1912
  • 29 Apartments
  • 10 Floors
$1,528 Avg. Price / Ft2
$57 Avg. Price / Ft2
  • Size Avg. Price # Sold
  • 1 BED $1,545,000 1
  • Avg. Price based on 1 closings during past 12 months Last updated Aug 21, 2017
  • View all recent sales
$1,458 Avg. Price / Ft2

Overview

72

Forward Building, 175 East Broadway has received a CityRealty Rating of 72, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

27
Out of 44
+
20
Out of 36
+
17
Out of 39
+
8
=
72
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Individual Designation 2 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
More than 50 blocks 0 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Bland 1 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points
  • #9 Rated condo - Lower East Side
How was this building rated?

The former Jewish Daily Forward Building at 173 East Broadway, perhaps the most prominent and important landmark on the Lower East Side, was converted in 2006 into 29 condominium apartments by Ronald Castellano and Christopher Hayes, who had previously converted the Garfield Building not far away at 142 Henry Street.

The Forward building was designed in Beaux-Arts style by George A. Boehn, who also designed the very ornate mid-rise, mid-block building at 165 West 57th Street across from Carnegie Hall in 1916.

Its richly ornamented façade has the Forward Building incised above its arched entrance in English and in Yiddish near the top of the 10-story building.

It was erected in 1912 and served as the headquarters of the Jewish Daily Forward until it was sold to the Lau family in 1974 and it moved to its present location at 49 East 33rd Street. Mr. Castellano told CityRealty.Com that the Lau family used the building s first two floors as a Chinese church and bible factory and kept the rest of the building vacant until 1998 when they sought to convert it to about 39 condominiums. It was put on the condo market just before Sept. 11, 2001, however, and afterwards the apartments came off the market.

During renovations, statues of Karl Marx and Frederick Engels were moved but returned to their "rightful" place, and in 2004 the building was sold.

Mr. Castellano and Mr. Hayes finished the renovation and obtained a certificate of occupancy as well as approval from the city's Landmarks Preservation Commission and recently submitted an offering plan to the New York State Attorney General's Office.

Mr. Castellano said that many of the lower floor units have unusual

layouts and that units have high ceilings and range in size from about 600 to 4,200 square feet and that all layouts will be different.

The Forward was founded by Abraham Cahan in 1897 and became the largest Yiddish-language daily newspaper in the world with a circulation that grew to about 200,000.

It was rather seculari...

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Apts For sale AT 175 East Broadway (1)

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Apts For rent AT 175 East Broadway (1)

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Nearby Subway Stations

  1. F
at Essex and Canal 0.04 miles
  1. J
  2. M
  3. Z
at Norfolk and Delancey 0.31 miles
  1. B
  2. D
at Chrystie 0.36 miles

Carter Horsley's Review

Forward Building, 175 East Broadway Carter Horsley's Building Review
"The former Jewish Daily Forward Building at 173 East Broadway, perhaps the most prominent and important landmark on the Lower East Side, was converted in 2006 into 29 condominium apartments by Ronald Castellano and Christopher Hayes, who had previously converted the Garfield Building not far away at 142 Henry Street." Read Carter's Full Review

The pros & cons

Pros
  • Roof deck
  • 24-hour doorman
  • Famous Lower East Side landmark
  • High ceilings
  • Refrigerator in lobby for perishable deliveries
  • Subzero refrigerators
  • Close to Subway
Cons
  • No garage
  • No balconies
  • No sidewalk landscaping
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Famous Residents at Forward Building, 175 East Broadway

 

Pricing Comparison of Similar Buildings

View Detailed Comparison

Forward Building, 175 East Broadway - 10 year Sales History

View Full Sales History
 

Forward Building, 175 East Broadway 12 Month Sales Summary

View By Apartment Sizes
Past 12 Months
$1,458
AVG Price / ft2, based on 1 Sales
 

Loading Recent Closings Table

Forward Building, 175 East Broadway Alternate Addresses

  • 173-175 East Broadway
  • 173 East Broadway

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 216 Available for Sale
  • $2,119 Avg. Price / Ft2
  • $2,600,681 Avg. Price
  • $1,897,500 Median Price
  1. Most Expensive 215 Chrystie Street Apt PH1 | $23,500,000
    Price / ft2 $5,465
  2. Least Expensive The Bridgeview Apt 5X | $595,000
    Price / ft2 $1,604
Not enough data available to generate chart.
  • 22 Available for Rent
  • $58 Avg. Price / Ft2
  • $4,542 Avg. Price
  • $4,200 Median Price
  1. Most Expensive 30 Orchard Street Apt 7 | $7,950
    Price / ft2 $76
  2. Least Expensive The Bridgeview Apt 5F | $2,000
    Price / ft2 $51
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 44 Total Sales
  • $1,394 Avg. Price / Ft2
  • $1,179,655 Avg. Price
  • $1,065,000 Median Price
  1. Most Expensive 259 Bowery Apt 3 | $5,150,000
    Price / ft2 $2,289
  2. Least Expensive 148 Madison Street Apt 3C | $410,000
    Price / ft2 $788

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for more information Are you ready to tour Forward Building? Contact
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