Excavation is progressing at 65 Franklin Street, the site of a 19-story residential building in Tribeca. Designed by CetraRuddy Architecture, the 210-foot-tall structure will yield 41 homes and ground-floor retail space. The project is being developed by HAP Investment Developers, which secured $94 million in construction financing from G4 Capital Partners in the spring of 2019. The site is located at the corner of Broadway and Franklin Streets, and was formerly occupied by several low-rise structures. Noble Construction Group is the general contractor for the property.
Residential conversion and expansion work is progressing on 67 Vestry Street, a 13-unit condominium building along Hudson River Park in Tribeca. Designed by BP Architects with Gachot Studios handling the interiors, the project involves a roof-level addition that will raise the structure from nine stories and 115 feet tall to 13 stories and 153 feet tall. Iliad Realty Group is developing the property, which it purchased for $55.5 million in 2017. Corcoran Sunshine Marketing Group was last reported to be the exclusive marketing and sales agent for the the 88,712-square-foot Romanesque revival edifice.
Construction has topped out on 456 Greenwich Street, a 110-foot-tall, eight-story hotel building in Tribeca. Developed by Caspi Development and designed by Stephen B. Jacobs Group with Martin Brudnizki Design Studio as the interior designer, the 94,000-square-foot structure will yield 96 guest rooms operated by Groupe Lucien Barrière of the Hôtel Barrière Le Fouquet’s Paris. The site is bound by Greenwich Street to the east, Desbrosses Street to the south, and Washington Street to the west. More than three years passed from groundbreaking to topping out due to numerous delays stemming from legal disputes and financial issues, though it appears that the project is finally back on track.
YIMBY spotted a couple of never before seen renderings for 267 Broadway, a 510-foot-tall mixed-use building proposed to be constructed in Tribeca. While previous iterations by Gene Kaufman Architect were last seen and revealed in February of 2018, the architecture firm reached out to say that they are no longer working on the project. As of now, The Roe Corporation was last heard to be the developer for the 42-story development. If built according to formerly announced plans, there would be 144,244 square feet of space and feature 37 residential units above an 80-room boutique hotel. The site is located between Chambers Street and Warren Street and is currently occupied by a five-story building.
Work is wrapping up on Fifteen Laight Street, a Class A office conversion and expansion in Tribeca. Designed by Gensler and developed by the Vanbarton Group, the $141 million project involved the addition of two floors atop the former six-story structure, as well as a complete recladding of its exterior with a modern façade of floor-to-ceiling glass and dark metal paneling. The 115,000-square-foot building, which once served as the home of the Tribeca Film Festival, is located between Laight Street and the triangular-shaped Albert Capsouto Park to the north, Varick Street to the south, and the narrow St. Johns Lane to the east. MFS Engineers & Surveyor is the structural engineer overseeing the project.