The Setai Wall Street

 office building, condominium

277-foot, 30-story office/residential building completed in 1982 as a 25-story office building.. Designed by Gruzen & Partners,the building is on an irregular plot and has setbacks on the 6th, 7th, and 12th floors on Broad Street and on the 12th floor on New Street. The bottom seven floors of 40 Broad Street still house offices, while the upper floors were converted to condominiums in 2006 by Avinash K. Malhotra, with 167 units, rechristened The Setai Wall Street. A 24-foot-deep slice of the building was removed from the 8th floor and above to comply with the city's "rear yard" requirements. The removed floor area and floor area available from complying with the city's "Quality Housing" regulations were reconfigured at the top of the building, which is now 30-stories in height.

The building has a recessed three-story entrance framed by bronze columns and a six-story base with large, square green-tinted windows. The façade is punched masonry with pink granite and precast concrete. The new top floors have a glass curtain wall with silver metal spandrels, slightly recessed in the center.