Building: 5 Franklin Place in Tribeca

The Building: Loft Residences, City Residences, Sky Penthouses Residents of Five Franklin Place will enter the building on Franklin Place, a narrow, cobbled north-south lane once known as Sugar Loaf Alley, the heart of New York City’s 19th century sugar trade. Newly restored with period lighting, cleaned and re-pointed pavers, and lush vertical plantings, this historic passageway will offer an atmosphere evocative of Old New York and Tribeca’s great past. Beyond a pair of silent, electronically controlled sliding doors and a climate controlled vestibule, the lobby of Five Franklin Place – overseen by a 24-hour doorman and an attendant offering valet parking service – will unfold as a distinctly sculptural but serene, softly lit environment of curving white lacquer fixtures, including built-in leather seating areas and a sparkling violet glass-chip floor. A sweeping curved stairwell will lead from the lobby to a sub-grade level private spa and fitness center. Custom designed by UNStudio and engineered by B&B Italia, this area offers residents a daylight flooded double-height weight room, a wet spa with mosaic tiled steam pavilion and sauna, and a mirrored multi-purpose room for yoga, pilates and stretching, all with towel and water service.

The 55 homes within Five Franklin Place will range in size from approximately 1,200 square feet to approximately 3,400 square feet, and will include one-, two-, three- and four-bedroom apartments configured as duplex lofts or single-level homes, as well as three soaring duplex penthouses with interior elevators and rooftop terraces. Prices for the properties at Five Franklin Place will range from $2 million to $16 million.

Architect:

Ben van Berkel, UN Studio

Developer:

Sleepy Hudson

Interiors:

B&B Italia

Sales office addr:

7 Harrison Street

Sales office tel:

212 941 0005

Sales start:

April 2008

Website:

Five Franklin Place