Commercial Observer reports that owner Bahram Benaresh plans to convert the currently vacant six-story building at 175 Franklin Street, in Tribeca, into luxury residential units with ground-floor retail space. Industrial and Commercial Bank of China has refinanced a $10.3 million loan for the property, and a construction time has not been disclosed.
Curbed has revealed renderings for the 10-story, seven-unit condominium building at 465 Washington Street, in northern Tribeca. The building will meet Passive House standards, and Zakrzewski + Hyde Architects is developing and designing. The project is an expansion of the old five-story building and has been planned for a few years.
Applications have been filed for an eight-story, 100-key hotel — the rooms split between roughly 66,000 square feet — at 456 Greenwich Street, in Tribeca. Western Heritable Investment Company, Caspi Development and Barone Management are the developers, and the entire building will span 102,000 square feet, with the SBJ Group designing.
Some big changes are coming to a TriBeCa building, thanks to approval from the Landmarks Preservation Commission. On Tuesday, the LPC approved a proposal to modify the five-story building at 71-73 Franklin Street, just off Broadway. The building dates back to 1861 and will be converted from its original form – an Italianate/Second Empire loft building – to residential use. There will be six units, plus ground floor retail.
111 Murray Street’s progression from old college building to development site took place relatively quickly, and while the ultimate tower will not have a spaceship perched at its top, it will be very tall and very…
