Downtown

5 Franklin Place

Work Nears Finish Line at 5 Franklin Place in Tribeca

The development saga at 5 Franklin Place is finally reaching its conclusion, and since YIMBY’s last update on the project from September of 2014, progress has been significant. The latest photos from Tectonic show that cladding and window installation are both complete, although interior work appears to be ongoing. The site had several conceptual designs before it was acquired by El Ad Group after the recession, and ODA designed the final product, which stands 20 stories tall and has 53 condominiums.

Read More

11 Beach Street

10-Story, 27-Unit Residential Conversion At 11 Beach Street Over 50% Sold, Tribeca

Towards the end of last summer, the office-to-residential conversion of a 10-story building at 11 Beach Street, in Tribeca, was well underway. Now, YIMBY can share some additional renderings of the project, which has hit the 50% sold mark. The building’s 27 condominiums range from three to five bedrooms, and Thomas Juul-Hansen is designing the interiors. Amenities include a fitness center, children’s playroom, and a rooftop garden. HFZ Capital Group is developing, BKSK Architects is the design architect, and completion is expected in 2016.



75 First Avenue

Development Site At 75 First Avenue To Be Acquired By Colonnade Group, East Village

Back in 2014, YIMBY revealed renderings of Ozymandius Realty and Orange Management’s planned eight-story, 27-unit mixed-use building at 75 First Avenue in the East Village. Now, the long-time owners are selling the site to Colonnade Group. The site allows for an eight-story, 35,000 square foot building with retail, but it’s not known whether the new developer intends to follow the previously filed plans. The previous owners began assembling the site in 2005, when a 14-story building could have been built, before the city downzoned the East Village in 2008, according to The Real Deal. NO Architecture designed the old proposal.



Fetching more...