Built in 1929 and designed for the New Jersey Bell Telephone Company by famed architect Ralph Thomas Walker, the Art Deco building is known for its majestic lobby and brick-and-sandstone exterior, which were added to the U.S. National Register of Historic Places in 2005.

​The building has been home to the regional offices of Verizon, which will continue to occupy the building’s fourth floor.

"540 Broad is a majestic symbol of Newark’s past and Newark’s present with its magnificent landmarked art deco design, history as the nerve center of New Jersey Bell, and future as a vital mixed-income, mixed-use architectural treasure."  ~ Newark Mayor Ras Baraka

• Features
• Specifications

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The historic brick and sandstone building has been completely restored through a partnership between 540 Broad Street LLC principals L+M Development Partners, Prudential Financial Inc. and Goldman Sachs Urban Investment Group; working with Inglese Architecture & Engineering and CetraRuddy.


The mixed use conversion of the 436,000 SF tower features:
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• +265 residential units
• 18,000 SF ground floor retail and amenities
• 25,000 SF subterranean rock climbing
• 53,698 SF of Class A office space

Building Specifications
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• 40,361 RSF available on three floors
• Column spacing varies from 18’+ to 23’ north to south and 18’+ to 20’ east to west
• 10’.5” slab to slab
  
• Brand new HVAC system/design
• Electric –4,000 amps at 480 volts
• Condenser water (Water Source Heat Pumps)
• Building has a central plant and will distribute condenser water to all of the office Tenants
• High speed WiFi internet throughout building
  
• Newark Fiber is Gigabit Internet at reduced rates​​​
• Brand new industrial style windows throughout​​
• Three passenger elevators exclusively servicing
  ​4 office floors
• Porte cochèrefor dropoff/pickup
• Parking –Paid lot behind building with availability
• 24/7 access and building security
• Mass transit –Light rail stop directly behind and in front of the building
• Within walking distance to Newark Penn Station and Broad Street Station
• Abundant hotels, restaurants, retail and special event centers within walking distance

WHERE HISTORIC LANDMARK MEETS MODERN