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Construction on Franklin St

Started by Tom27
over 7 years ago
Posts: 6
Member since: Feb 2010
The 2 buildings across the street on Franklin are about to be demolished and replaced with a modern high rise: https://newyorkyimby.com/2018/07/permits-pre-filed-rendering-out-for-cetraruddy-designed-65-franklin-street-tribeca.html
Response by Aaron2
over 7 years ago
Posts: 1698
Member since: Mar 2012

Since the new building is south of 366 Broadway, it will block some light and cast a bigger shadow than the existing buildings, but will improve the street-level view quite a bit (if not the amenities [It was a terrible pizza place anyway]).

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Response by Tom27
about 6 years ago
Posts: 6
Member since: Feb 2010

Financing was lined up in May 2019 and demolition should start "within weeks", with completion targeted for 2021: https://therealdeal.com/2019/05/24/hap-investments-secures-94m-construction-loan-for-tribeca-condo-project/

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