Slate Property Group and Avenue Realty Capital have acquired 45 White Street, a seven-story multifamily rental building in Tribeca, Manhattan, marking the partnership’s second acquisition in the neighborhood within the past six months. The partners purchased the 33,500-square-foot property from Benchmark Real Estate Group for $32 million, with financing provided by White Oak Real Estate Capital.
Permits have been filed for a nine-story mixed-use building at 249 West Broadway in Tribeca, Manhattan. Located between Walker Street and White Street, the lot is near the Franklin Street subway station, served by the 1 train. Amit Khurana of Sumaida+Khuranais listed as the owner behind the applications.
The first renderings have been revealed for the office-to-residential conversion and expansion of 101 Franklin Street, a 17-story building in Tribeca, Manhattan. Designed by Steven Harris Architects and developed by Skylight Real Estate Partners, Cannon Hill Capital Partners, and TPG, the project will add four floors to the existing superstructure, bringing it to 21 stories and 304 feet tall. The expanded building will span 251,000 square feet and yield 72 condominium units, as well as 2,654 square feet of retail space and 15 enclosed parking spots. Hill West Architects is the architect of record for the property, which is alternately addressed as 250 Church Street and located between Franklin and Leonard Streets.
JLL Capital Markets has arranged a $40 million refinancing for 99 Hudson Street, a 183,958-square-foot office building in Tribeca, Manhattan. The borrower is an affiliate of Olshan Properties, a privately held real estate investment firm. Built in 1930, the 17-story Class B office building has been owned by Olshan since 1983. The property is located at the corner of Hudson and Franklin Streets.
Demolition is about to get underway at 80 West Broadway, the site of a 14-story mixed-use building in Tribeca, Manhattan. Designed by COOKFOX and developed by Astral Weeks for AW Tribeca Holding, the 145-foot-tall structure will span 90,147 square feet and yield 25 condominium units with an average scope of 2,973 square feet. The project will also include 15,813 square feet of commercial space, a cellar level, and a rooftop terrace, according to permits filed in December. The 5,054-square-foot property is located at the northwest corner of West Broadway and Warren Street.
