Broad Street (BMT Nassau Street Line)
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Broad Street
 
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| New York City Subway rapid transit station | |||||||||
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Southbound/terminating platform
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| Station statistics | |||||||||
| Address | Broad Street & Wall Street New York, NY 10005 |
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| Borough | Manhattan | ||||||||
| Locale | Financial District | ||||||||
| Coordinates | 40°42′25″N 74°00′39″W / 40.707059°N 74.01073°WCoordinates: 40°42′25″N 74°00′39″W / 40.707059°N 74.01073°W | ||||||||
| Division | B (BMT) | ||||||||
| Line | BMT Nassau Street Line | ||||||||
| Services |
J  (all times)Z  (rush hours, peak direction) |
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| Structure | Underground | ||||||||
| Platforms | 2 side platforms | ||||||||
| Tracks | 2 | ||||||||
| Other information | |||||||||
| Opened | May 29, 1931 | ||||||||
| Traffic | |||||||||
| Passengers (2015) | 1,834,780  9.4% |
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| Rank | 265 out of 425 | ||||||||
| Station succession | |||||||||
| Next north |
Fulton Street: J Z
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| Next south | (Terminal): J Z Court Street: no regular service |
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Broad Street is a station on the BMT Nassau Street Line of the New York City Subway located at the intersection of Broad and Wall Streets in the Financial District of Manhattan. It serves as the southern terminal of the J train at all times, and the Z train during rush hours in the peak direction.
On March 19, 1913, the Brooklyn Rapid Transit Company (later reorganized as the Brooklyn–Manhattan Transit Corporation, or BMT) and the city signed Contract 4 of the Dual Contracts, which provided for the construction of certain lines. Most of the construction was completed by 1924, but the BMT Nassau Street Line was not yet completed. The BMT chairman Gerhard Dahl was persistent at requesting that the city build the line, but Mayor John Hylan refused to act during his final two years as mayor. Once James Walker succeeded him as mayor, contracts for the project were awarded, with the portion south of Liberty Street being awarded to Moranti and Raymond.
Work was projected to be completed in 39 months, and in March 1929, sixty percent of the work had been finished. Nassau Street is only 34 feet (10 m) wide, and the subway floor was only 20 feet (6.1 m) below building foundations. As a result, 89 buildings had to be underpinned to ensure that they would stay on their foundations. Construction had to be done 20 feet below the active IRT Lexington Avenue Line. An area filled with quicksand with water, that used to belong to a spring, was found between John Street and Broad Street. Construction was done at night so as to not disturb workers in the Financial District. The whole cost of the construction of the line was $10,072,000 for the 0.9 miles (1.4 km) extension, or $2,068 a foot, which was three times the normal cost of construction at the time.
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