Page 1 of 9 12345 ... LastLast
Results 1 to 15 of 135

Thread: Five Franklin Place - 19 story condo - ODA Architecture

  1. #1
    Forum Veteran krulltime's Avatar
    Join Date
    Sep 2003
    Location
    Manhattan - UWS
    Posts
    4,208

    Default Five Franklin Place - 19 story condo - ODA Architecture

    Sleepy Hudson plans 21-story condo building in TriBeCa


    17-NOV-06

    Sleepy Hudson LLC has gotten a $28.3 million senior bridge loan to acquire two adjacent parcels of land on Broadway between White and Franklin Streets and Franklin Place in TriBeCa where it plans to erect a 21-story residential condominium building.

    The financing was provided by Canyon Capital Realty Advisors and Pantheon Financial.

    Sleepy Hudson LLC is the developer of Highline 519, a residential condominium development adjacent to the High Line at 519 West 23rd Street. That project had been designed by Lindy Roy and is distinguished by its cloud-like scrims on its balconies. Alexander Campagno is now the architect for that project, which has added one floor to its height and recently has been topped out and is scheduled for occupancy in the first quarter of next year, according to Paul Bonnar of Sleepy Hudson.

    Dave Kislin and Leo Tsimmer are the principals of Sleepy Hudson LLC.

    Details about the number of apartments planned for the building and which architect is designing it have not been finalized, according to Mr. Bonnar, who added that the number of apartments will probably be in the range of 65 to 70.

    The building is an "as-of-right" project, according to Mr. Bonnar, meaning that it will be erected within existing zoning and building department regulations and not require public review.

    The new project will probably have its residential entrance on Franklin Place and retail frontage of Broadway. It is a mid-block project and does not have frontages on White and Frankln Street.

    Franklin Place runs one block from White and to Franklin Street.

    The site is one block south of the proposed conversion into 90 residential condominium apartments of the 29-story office tower at 401 Broadway on the northwest corner of Walker Street.

    The site is convenient to SoHo and Chinatown and there is good public transportation in this area.


    Copyright © 1994-2006 CITY REALTY.COM INC.

  2. #2
    Disgruntled Optimist lofter1's Avatar
    Join Date
    Jun 2005
    Location
    NYC - Downtown
    Posts
    32,654

    Default

    It seems that the site for this project is located at 373-375 Broadway (aka 9 Franklin Place) and 369-371 Broadway (aka 3-5 Franklin Place).

    This block -- bounded by Broadway / White St. / Franklin Place / Franklin St. -- is a non-Landmarked block. However, it is surrounded on the west, north and east by the Tribeca West Historic District (see LPC Map HERE ).

    The existing building at 373-375 Broadway is a 6-story building which appears to have cast-iron facade that sits on a plot 150' x 50':



    The building to the south (371 Broadway; aka 5 Franklin Place) is a 5-story / 50' building on a 25' x 150' plot with a lousy looking 60's facade (as seen at the far left in the photo above).

    The building to the south of that (369 Broadway; aka 3 Franklin Place) is a 5-story building on a 25' x 150' plot.

    The building to the north (377-379 Broadway) is a 12-story / 145' commercial condo.

    NYC Department of Finance records show that a transfer of the 373-375 property was recorded on 11.13.2006; on that same date a transfer was recorded for 369-371 Broadway (amount recorded on that date: $3,072,333.00).

    The 373-375 property was recorded in the name of Ascendance Development LLC. The 369-371 property was recorded in the name of Sleepy Hudson LLC.

    Google search for "Ascendance Development" turned up an ad at nylawyer.com:

    NOTICE OF FORMATION of ASCENDANCE DEVELOPMENT, LLC,

    a domestic Limited Liability Company (LLC). Articles of Organization filed with Secretary of State on 6/9/05. NY Office location: NEW YORK County. Secretary of State is designated as agent upon whom process against the LLC may be served. Secretary of State shall mail a copy of any process against the LLC served upon him/her to C/O LEO TSIMMER, C/O SLEEPY HUDSON, LLC 261 MADISON AVE STE 1504 NEW YORK, NY 10016. PURPOSE: To engage in any lawful act or activity. 645190 f23-Th m30
    Hopefully the plan here is renovate the cast iron building at 373-375 and use the air rights from that plot to build the new 21-story building on the site of 369-371.

    That would save the 5-story existing building -- and would also maintain a buffer between the existing 12-story building to the north and this new "tower".

  3. #3
    Disgruntled Optimist lofter1's Avatar
    Join Date
    Jun 2005
    Location
    NYC - Downtown
    Posts
    32,654

    Default

    Some pics of this stretch of Broadway between Franklin / White ...

    #1. 369 Broadway
    #2. 371 Broadway
    #3. 373-375 Broadway
    #4. That side (west) of the block
    #5. The opposite side of Broadway (within the Historic District); nice buildings at mid-block
    #6. A new-ish 21-story POS on the SE corner of Broadway & White (within the Tribeca East Historic District but built before that District was created)

    ***
    373-375 is not cast iron but appears to be painted limestone or sandstone (see the last pics: #s 7 & 8)

    The furniture store in 373-375 is moving out soon (just up the block to 402 B'way). The proprietor did not know if there were any plans to tear down this building.
    Attached Thumbnails Attached Thumbnails Click image for larger version. 

Name:	369 Bway_01a.jpg 
Views:	1880 
Size:	25.2 KB 
ID:	3042   Click image for larger version. 

Name:	371 Bway_01b.jpg 
Views:	540 
Size:	24.1 KB 
ID:	3043   Click image for larger version. 

Name:	373 Bway_01b.jpg 
Views:	867 
Size:	32.8 KB 
ID:	3044   Click image for larger version. 

Name:	371 Bway_01c.jpg 
Views:	538 
Size:	28.9 KB 
ID:	3045   Click image for larger version. 

Name:	371 Bway_01f.jpg 
Views:	546 
Size:	27.9 KB 
ID:	3046  

    Click image for larger version. 

Name:	371 Bway_01g.jpg 
Views:	517 
Size:	26.5 KB 
ID:	3047   Click image for larger version. 

Name:	373 Bway_01c.jpg 
Views:	789 
Size:	27.7 KB 
ID:	3048   Click image for larger version. 

Name:	373 Bway_01d.jpg 
Views:	813 
Size:	31.5 KB 
ID:	3049  

  4. #4
    Disgruntled Optimist lofter1's Avatar
    Join Date
    Jun 2005
    Location
    NYC - Downtown
    Posts
    32,654

    Default

    Around the corner where Franklin Place runs for the single block between Franklin and White you find a tiny little cobblestoned lane barely big enough for two cars to pass (in fact, today there were parked cars blocking access from the north at Franklin).

    All of the Broadway buildings that back up onto Franklin Place are currently old-style Tribeca grunge -- lots of painted but peeling brickwork, rusting fire escapes and battered loading docks.

    The buildings across Franklin Place are all 5-story red brick and look to be in terrific shape (that could be because they are all within the landmarked Tribeca Historic District ).

    The article says that the entrance to the residential units in the new building will be along Franklin Place. Eventually this could become a charming little street -- as it stands now it will scare many buyers away.

    Some pics ...

    #1. The rear of 369 & 371 Broadway (aka 3 & 5 Franklin Place)
    #2. The canopied loading dock at the rear of 373-375 Broadway (aka 9 Franklin Place)
    #3. Franklin Place looking south from White Street towards Franklin Street
    #4. The red brick facades of the buildings along the west side of Franklin Place

    ***
    Attached Thumbnails Attached Thumbnails Click image for larger version. 

Name:	FP_01c.jpg 
Views:	601 
Size:	31.3 KB 
ID:	3050   Click image for larger version. 

Name:	FP_01e.jpg 
Views:	560 
Size:	29.2 KB 
ID:	3051   Click image for larger version. 

Name:	FP_01h.jpg 
Views:	597 
Size:	28.2 KB 
ID:	3052   Click image for larger version. 

Name:	FP_01j.jpg 
Views:	559 
Size:	27.4 KB 
ID:	3053  

  5. #5
    Disgruntled Optimist lofter1's Avatar
    Join Date
    Jun 2005
    Location
    NYC - Downtown
    Posts
    32,654

    Default

    Meanwhile, a couple of blocks south on Broadway, DEMOLITION is nearly complete at the 279 Broadway (aka 57 Reade St.) site -- just to the north of Cass Gilbert's fantastic Broadway Chambers Building.

    The thread on that one is HERE.

    Latest pics of that Demo'd site are HERE.

  6. #6
    Forum Veteran krulltime's Avatar
    Join Date
    Sep 2003
    Location
    Manhattan - UWS
    Posts
    4,208

    Default

    Thanks for the photos lofter1. I hope that Cast Iron building is saved. But I highly doubt these developers will care to do so. all they care is to built something simple and fast. Especially now that the condo boom is ending soon.

    I am sure O'Haras (and other like it) must be contacting these developers with their quick ideas.

  7. #7
    Disgruntled Optimist lofter1's Avatar
    Join Date
    Jun 2005
    Location
    NYC - Downtown
    Posts
    32,654

    Default

    UPDATE:

    I got word that the nicer building at 373-375 Broadway is NOT part of this project


    The Sleepy Hudson development will take place at the POS located at 369-371 Broadway

  8. #8

    Default

    Quote Originally Posted by lofter1 View Post
    UPDATE:

    I got word that the nicer building at 373-375 Broadway is NOT part of this project


    The Sleepy Hudson development will take place at the POS located at 369-371 Broadway
    Awesome! I hate that POS at 371. (369 isn't bad though.)

  9. #9
    Disgruntled Optimist lofter1's Avatar
    Join Date
    Jun 2005
    Location
    NYC - Downtown
    Posts
    32,654

    Default

    And it appears that no air rights were obtained from 373-375, so that leaves me with the fear that the north facade of this new 21-story building will be a blank wall ...

  10. #10
    Build the Tower Verre antinimby's Avatar
    Join Date
    Sep 2004
    Location
    in Limbo
    Posts
    8,976

    Default

    Not me. I won't celebrate just yet.

    I'll remain skeptical until we see how the demolition goes.

    lofter, how did you get that information?

  11. #11
    Disgruntled Optimist lofter1's Avatar
    Join Date
    Jun 2005
    Location
    NYC - Downtown
    Posts
    32,654

    Default

    One of the owners of 373-375 PM'd me

    Wanted to clear up something I found at Department of Finance website and posted here -- and which turned out to be an apparent mistake in city records regarding a prior sale.

  12. #12

    Arrow 373 Broadway

    Aerial views and map.
    Attached Thumbnails Attached Thumbnails Click image for larger version. 

Name:	DOITT_MP_gis-prd-map42689822411.jpg 
Views:	530 
Size:	62.7 KB 
ID:	3221   Click image for larger version. 

Name:	1.jpg 
Views:	524 
Size:	92.8 KB 
ID:	3222   Click image for larger version. 

Name:	2.jpg 
Views:	515 
Size:	114.3 KB 
ID:	3223  
    Last edited by infoshare; December 18th, 2006 at 10:59 PM. Reason: typo

  13. #13

    Default

    Quote Originally Posted by lofter1 View Post
    Around the corner where Franklin Place runs for the single block between Franklin and White you find a tiny little cobblestoned lane barely big enough for two cars to pass (in fact, today there were parked cars blocking access from the north at Franklin)....
    #1. The rear of 369 & 371 Broadway (aka 3 & 5 Franklin Place)
    #2. The canopied loading dock at the rear of 373-375 Broadway (aka 9 Franklin Place)
    #3. Franklin Place looking south from White Street towards Franklin Street
    #4. The red brick facades of the buildings along the west side of Franklin Place

    ***
    What a beautiful street! White Street, between B'Way and Church, is also magnificent. It's buildings look as stunning as the line-up at a beauty pageant.

  14. #14

    Default Franklin Place

    Thanks for the comments about Franklin Place. The opening scene of "The Talented Mr. Ripley" was shot in this alley. The "canopied roof of 373-375 Broadway" and the loading dock is transformed into a butcher shop. Many other films and videos have used this alley including the bug scene in "Men and Black," and a music video for the Blues Travelers.

  15. #15

    Default

    Nothing has occurred with this project for quite some time.

Page 1 of 9 12345 ... LastLast

Similar Threads

  1. Why do 1-story buildings exist in midtown Manhattan?
    By normaldude in forum New York Real Estate
    Replies: 26
    Last Post: April 9th, 2013, 03:58 PM
  2. The Fuller Building renovation - 42-story Art Deco trophy - by Walker & Gillette
    By Edward in forum New York Skyscrapers and Architecture
    Replies: 2
    Last Post: January 25th, 2010, 11:37 PM
  3. Central Park Place
    By MikeV in forum New York Skyscrapers and Architecture
    Replies: 11
    Last Post: November 19th, 2007, 03:38 AM
  4. Best place to celebrate New Year's Eve
    By noharmony in forum New York City Guide For Visitors
    Replies: 1
    Last Post: December 31st, 2006, 06:48 AM
  5. New 51-story tower Downtown
    By NYguy in forum New York Real Estate
    Replies: 41
    Last Post: January 17th, 2006, 10:20 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


Google+ - Facebook - Twitter - Meetup

Edward's photos on Flickr - Wired New York on Flickr - In Queens - In Red Hook - Bryant Park - SQL Backup Software