Construction is underway for an 18-story residential condominium building at 50 Franklin Street on the site of a former garage.
The building will have 72 apartments including 20 one-bedroom units, 37 two-bedroom apartments, 10 studios and three penthouses. Units will range in size from 600-square-foot studio units to 1,700-square-foot three-bedroom apartments and prices are expected to initially range from about $600,000 to $3,000,000.
The building will have a full-time doorman, a concierge, a fitness center, a media room, some balconies, a roof deck, and a 500-square-foot, ground-floor "guest unit that residents can rent for visitors."
The mid-block building is located between Cortlandt Alley and Lafayette Street, three blocks south of Canal Street.
The building is being developed by CM & Associates of which Christopher Mesbah is a principal. Edgar L. Rawlings is the architect for the building, which has a setback at the 11th floor.
The project is expected to open in March.
The building will have 72 apartments including 20 one-bedroom units, 37 two-bedroom apartments, 10 studios and three penthouses. Units will range in size from 600-square-foot studio units to 1,700-square-foot three-bedroom apartments and prices are expected to initially range from about $600,000 to $3,000,000.
The building will have a full-time doorman, a concierge, a fitness center, a media room, some balconies, a roof deck, and a 500-square-foot, ground-floor "guest unit that residents can rent for visitors."
The mid-block building is located between Cortlandt Alley and Lafayette Street, three blocks south of Canal Street.
The building is being developed by CM & Associates of which Christopher Mesbah is a principal. Edgar L. Rawlings is the architect for the building, which has a setback at the 11th floor.
The project is expected to open in March.
Architecture Critic
Carter Horsley
Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.
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