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


Related Articles

arrow_forward_ios
Tribeca neighbors locked in a protracted legal dispute over access to an alley, 5 Franklin Place, raise questions about city agencies’ actions after lobbying. (Credit: Google Maps, Wikipedia Commons, iStock)

In Tribeca, an alley fight for the ages

In Tribeca, an alley fight for the ages
From left: The El Ad Group's Isaac Tshuva, 108 Leonard Street and the Peebles Organization's Don Peebles (Credit: Delek Group, Google Maps, and Peebles Corporation)

El Ad, Peebles land $450M condo inventory loan for Tribeca’s Clock Tower conversion

El Ad, Peebles land $450M condo inventory loan for Tribeca’s Clock Tower conversion
Elad scoops up commercial space at One West End for $51M

Elad scoops up commercial space at One West End for $51M

Elad scoops up commercial space at One West End for $51M
A court case could kill plans for a $21M penthouse at the Clock Tower building

A court case could kill plans for a $21M penthouse at the Clock Tower building

A court case could kill plans for a $21M penthouse at the Clock Tower building
Nightingale Properties founder appears to be buyer of 1 West End PH

Nightingale Properties founder appears to be buyer of 1 West End PH

Nightingale Properties founder appears to be buyer of 1 West End PH
Tick tock: Developers under the gun to sell 35 condos at Clock Tower building by August

Tick tock: Developers under the gun to sell 35 condos at Clock Tower building by August

Tick tock: Developers under the gun to sell 35 condos at Clock Tower building by August
Trading spaces: Touro turns office space into new dorm

Trading spaces: Touro turns office space into new dorm

Trading spaces: Touro turns office space into new dorm
Is the Elad Group behind the drama over a Tribeca alley?

Is the Elad Group behind the drama over a Tribeca alley?

Is the Elad Group behind the drama over a Tribeca alley?
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...