361 Broadway 361 Broadway is oneof the city's largest cast iron buildings./ Google maps

NEW YORK CITY—A nine-story project at 361 Broadway in the Tribeca neighborhood of Manhattan is receiving a $45 million loan. Formerly called the James White Building, on July 27, 1982, the Landmarks Preservation Commission designated it a landmark. The agency described it as one of the largest cast iron buildings in the city. It was originally designed by W. Wheeler Smith and constructed in 1881-1882.

Now named the Cast Iron Building, 361 Broadway consists of 13 luxury condominiums including two penthouse apartments, and retail space on the ground floor and basement level.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.