Franklin Place’s last three condos hit the market

TRD New York /
Jul.July 10, 2013 12:00 PM

The three remaining unlisted condominiums at the Elad Group’s Franklin Place in Tribeca hit the market today, a spokesperson told The Real Deal exclusively.

Of the 53 units at the 20-story tower, 44 units have been sold since sales launched in late May.

The units are being listed “ahead of schedule due to unexpectedly strong sales,” the spokesperson said. All are four-bedroom units; one is a 3,241-square-foot penthouse duplex asking $8.5 million. The others are 2,627 square feet and 2,557 square feet, asking $6 million and $5.75 million respectively, the release said.

The condos feature five-inch plank oak hardwood floors and a chef’s kitchen with Poggenpohl cabinetry, a Subzero refrigerator and Bosch stove. The bathrooms have hand-laid imported marble.

Franklin Place, at 371 Broadway between Franklin and White Streets, is under construction after a long stall brought on by the financial crisis and is set to be finished next year, as previously reported. – Mark Maurer


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