A recently sold Upper West Side building that once housed an outpost of First Republic Bank is slated for demolition.
Brooklyn-based developer Aleksandr Finkelshteyn has filed for permits to tear down 2160 Broadway, a 105-year-old, 4-story brick building at the corner of West 76th Street that he purchased in December for $8.5 million, city records show. The commercial building stands 68 feet tall and spans about 8,800 square feet, according to the demolition filing with the Department of Buildings.
Finkelshteyn could not be reached for comment about plans for the site by press time, and Ilona Finkelshteyn, an attorney associated with the 2160 Broadway sale, did not immediately respond to requests for comment.
The site can accommodate a project of about 27,000 square feet, and a buyer could look to convert the building or construct a new mixed-use property, according to marketing materials from JLL, which brokered the building’s sale. Its listed asking price was $12 million, and it is an ideal spot for financial firms, medical firms, residential brokerages or retailers to set up shop, the materials say.
The property was initially built in 1920 and renovated in 1989, according to commercial real estate database CoStar. It was delivered vacant but was formerly home to a branch of First Republic Bank, which was infamously seized by regulators in May 2023 and sold to JPMorgan Chase.
This is just one of multiple sites on the Upper West Side that could be transforming in the near future. Extell Development recently filed plans to tear down 77 W. 66th St. and 54 W. 67th St. at the former Disney/ABC campus by Lincoln Square, while ABS Partners filed plans to demolish 2560 Broadway by West 96th Street last year.
