101 Franklin Street’s Office-to-Condo Conversion Continues in Tribeca, Manhattan

101 Franklin Street. Photo by Michael Young.101 Franklin Street. Photo by Michael Young.

Work is progressing on 101 Franklin Street, a 16-story office-to-residential conversion in Tribeca, Manhattan. Designed by Rafael Viñoly Architects and developed by TPG (formerly Texas Pacific Group), Cannon Hill Capital Partners, and Skylight Real Estate Partners, the project will repurpose the 79-year-old structure’s 205,000 square feet into condominiums and replace its mid-century façade with a modern envelope. The property is alternately addressed as 250 Church Street and located on a through-lot parcel between Franklin and Leonard Streets.

The reinforced concrete superstructure stands completely stripped of its former brick cladding and ribbon windows, revealing the extent of its interior gutting. Work has yet to begin on the new façade, and it remains unclear what materials will be used, as the only renderings are now outdated.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

101 Franklin Street. Photo by Michael Young.

The below Google Street View image shows the former look of the building’s façade before the start of work.

101 Franklin Street. Image: Google

101 Franklin Street. Image: Google

The following renderings are outdated, reflecting the project’s initial commercial renovation plan, but still offer an indication of the possible outcome of the modernization. The envelope will likely make extensive use of floor-to-ceiling glass, giving units plentiful natural lighting and vistas of the surrounding historic neighborhood, and its setbacks will allow for expansive landscaped terraces.

101 Franklin Street. Designed by Rafael Vinoly Architects

101 Franklin Street. Designed by Rafael Vinoly Architects

101 Franklin Street. Designed by Rafael Vinoly Architects

101 Franklin Street. Designed by Rafael Vinoly Architects

101 Franklin Street. Rendering courtesy of Rafael Viñoly Architects.

101 Franklin Street. Rendering courtesy of Rafael Viñoly Architects.

The development team purchased the building from Columbia Property Trust last year for more than $100 million. The property formerly served as the offices for the city’s Human Resources Administration and the Department of Social Services before their relocation to Brooklyn.

Revised renderings and a new construction timeline have yet to be revealed.

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5 Comments on "101 Franklin Street’s Office-to-Condo Conversion Continues in Tribeca, Manhattan"

  1. David in Bushwick | August 4, 2025 at 2:02 pm | Reply

    They’ll have no trouble selling to the privileged in Tribeca, but I almost prefer the mid-century facade to the overly simplistic design renderings. Hopefully something more interesting and passive built will happen.

    • aww Dave stil bitter at not being able to afford to buy anything.
      Maybe work a bit more then going to BLM rallies.

      the old building facade was HIDEOUS.. anything will be better.

      When you get gentrified out of the hippest neighborhood of Bushwick, probably inherited your moms rent control or NYCHA apt.

    • …what features of the mid-century facade do you find interesting or charming?

  2. nice conversion

  3. Tr-becca has been hip for many years-now it’s getting modern style buildings and expensive
    Remember Teddy’s restaurant?

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