A joint venture of Broad Street Development and TPG Angelo Gordon has acquired 139 Franklin Street, a ten-story commercial structure in Tribeca, Manhattan, with the intention of converting it into a residential building. The 56,384-square-foot structure is currently occupied by a 74-unit self storage facility. The property is located at the corner of Franklin and Varick Streets.
Permits have been filed for a 20-story mixed-use building at 59 Franklin Street in Tribeca, Manhattan. Located between Broadway and Benson Place, the lot is a short walk from the Canal Street subway station, served by the J, Z, and 6 trains. Moshe Neiman of Sky Equity Group LLC is listed as the owner behind the applications.
Permits have been filed for a nine-story mixed-use building at 88 Reade Street in Tribeca, Manhattan. Located at the intersection of Church Street and Reade Street, the lot is one block from the Chambers Street subway station, served by the 1, 2, and 3 trains. Ciro Salcedo of Trans World Equities is listed as the owner behind the applications.
Work is underway at 32-34 Walker Street, the site of a seven-story residential building in Tribeca, Manhattan, located at the northeast corner of Walker and Church Streets. Designed by SOMA Architecture and The Turett Collaborative and developed by Urban Capital and Prosper Property Group, the 30,000-square-foot structure will yield five condominium units in three- to four-bedroom layouts, as well as ground-floor retail space. The project will also involve the restoration of the cast iron façade and interiors of 34 Walker Street, a five-story L-shaped building surrounding the construction site.
The New York City Landmarks Preservation Commission is set to review a proposal regarding 77 Franklin Street, a historic four-story loft and storefront building in Tribeca, Manhattan. The proposed work involves repainting the building’s first-floor façade, including its cast iron and wood elements, as well as updating non-historic infill at the residential entrance bay.
