TRENDING
5 Franklin Place


The Elad Group-developed Franklin Place, which stalled during the financial crisis, finally hit the market in May 2013 — and is on track to be sold out soon. Just two units at the 20-story, 53-unit new condo project was still up for grabs at press time. The building has been touted as one of the developments redefining — and driving up prices —in the East Tribeca corridor. The ODA-designed building will have a doorman, a gym, a rooftop swimming pool, a children’s playroom and a live-in super. The apartments, designed by Andres Escobar, feature Poggenpohl cabinetry, integrated Sub-Zero refrigerators, Bosch appliances, marble bathrooms and five-inch plank oak hardwood floors throughout. Contact www.tribecafranklinpl.com or 212-966-5400.
NAME | 5 Franklin Place | PRICE RANGE | $1,450,000 to $3,100,000 |
ADDRESS | 5 Franklin Place | SIZE RANGE | 752 Sq Ft to 1,702 Sq Ft |
TYPE | New building | AVG PPSF | $1,875 |
TOTAL UNITS | 53 | TAX ABATEMENT | Yes |
DEVELOPER | Elad Group | AVG COMMON CHARGE | $1.18/sf |
BROKER | Cantor Pecorella | FINISHED BY | 2014 |