# NEW YORK | 126-130 Lafayette Street | FT | 25 FLOORS **URL:** \ **Category:** Under Construction\ **Created:** [February 27, 2025, 11:45pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294 "2025-02-27T23:45:08Z")\ **Posts on this page:** 17\ **Page:** 1
**Author:** ![Mackensen](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/mackensen/32/138218_2.png) [@Mackensen](https://forum.newyorkyimby.com/u/Mackensen)\ **Post date:** [February 27, 2025, 11:45pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/1 "2025-02-27T23:45:08Z")
![](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/6/6/6686de2ee79c294f90b2007cecc286367d07d937.jpeg) „ screencap of first page of sales brochure for 126 Lafayette Street“ > **[Ben Carlos Thypin (@bct.bsky.social)](https://bsky.app/profile/bct.bsky.social/post/3liwqubtdc22d)** > > One of the first approved development sites in the SoHo/NoHo rezoning area is in contract to sell to a developer 👀 ---
**Author:** ![Mackensen](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/mackensen/32/138218_2.png) [@Mackensen](https://forum.newyorkyimby.com/u/Mackensen)\ **Post date:** [June 19, 2025, 10:41pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/5 "2025-06-19T22:41:58Z")
„ The [new zoning](https://therealdeal.com/tag/soho-rezoning/) was [approved](https://therealdeal.com/new-york/2021/12/15/city-council-approves-soho-and-noho-rezoning-several-others/) later that year, changing the parcel’s allowed use from commercial to residential and increasing the floor-area ratio to allow 87,000 square feet of apartments. That paves the way for [Trammell Crowe](https://therealdeal.com/tag/trammell-crow/) to build 27 stories and 100 to 115 rental units. The firm, which declined to comment, apparently believes the new building would fetch high enough rents to pencil out under the state’s new 485x regime. The property tax break at the [6,300-square-foot Soho site](https://zola.planning.nyc.gov/l/lot/1/209/21?search=true#18.86/40.7189455/-74.0000975) would run for 35 years but require a [minimum construction wage of $40 an hour](https://www.nyc.gov/site/hpd/services-and-information/tax-incentives-485-x.page#:~:text=Option%20A:%20Large%20Rental%20Projects,capped%20at%20100%25%20of%20AMI.) if the project has at least 100 units, or $72.45 an hour for 150 units or more. That provision has resulted in a slew of filings for projects of 99 units or smaller.“ > **[Soho development site sale paves way for multifamily project](https://therealdeal.com/new-york/2025/06/18/trammell-crowe-buys-soho-ground-lease-from-carolwood-stellar/)** > > The purchase of a 99-year lease at 126 Lafayette Street paves the way for more than 100 apartments in rezoned Soho. ---
**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\ **Post date:** [July 18, 2025, 6:31pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/6 "2025-07-18T18:31:54Z")
[https://www.crainsnewyork.com/real-estate/trammell-crow-plans-soho-project-lafayette-street](https://www.crainsnewyork.com/real-estate/trammell-crow-plans-soho-project-lafayette-street) > The developer of a project planned for SoHo may be willing to pay the $40-per-hour minimum wage requirement tied to a new affordable housing tax break. > > Dallas-based real estate firm Trammell Crow recently filed plans with the Department of Buildings for a 104-unit residential project at 130 Lafayette St. in the trendy Manhattan neighborhood. The building would stand 25 stories and 275 feet tall, and it would span about 104,000 square feet with retail space on the ground floor. > > Although it was unclear if Trammell Crow intends to build the project under the state’s 485-x affordable housing tax break, the filing does say it will include low-income housing, indicating it is at least a possibility. This makes the number of residential units particularly notable, as the tax break requires projects with 100 or more units to pay a minimum wage of $40 per hour. > > Developers have seemingly responded to this rule by planning projects with slightly less than 100 units. Developer Ami Weinstock recently filed plans for six new buildings in Jamaica, Queens with no more than 99 units apiece, for instance, while a report from the Real Estate Board of New York found a large increase in buildings with 50 to 99 units during the first quarter of the year. But Trammell Crow may have decided the income it would get from the extra SoHo units is worth paying the higher wage. > > A representative for Trammell Crow would not confirm whether the company intends to build its SoHo project using 485-x and indicated that many aspects of the project were still up in the air. > > “We are working closely with the city and key stakeholders to finalize our development plans so that the project best aligns with community needs and market demand,” Senior Vice President Michael Adamo said in a statement. “We look forward to sharing updates as the plans progress and will provide further details once there is more to announce.” > > Trammell Crow acquired the property, located between Canal and Howard streets in the area of SoHo that the city rezoned in late 2021, through its subsidiary High Street Residential. The firm paid about $14.7 million in June for the 99-year ground lease at the vacant development site, property records show. > > The state passed 485-x as a replacement for the controversial affordable housing tax break 421-a in last year’s budget deal. Although developers had long stressed the need for a 421-a replacement, many have been unhappy with 485-x, namely its strict wage and affordability requirements. Developers of 118 buildings with roughly 2,600 housing units overall had signed up to use the program as of May 1, although all of these projects included less than 100 units, according to data from the city. ---
**Author:** ![Jaydayvis](https://avatars.discourse-cdn.com/v4/letter/j/6de8d8/32.png) [@Jaydayvis](https://forum.newyorkyimby.com/u/Jaydayvis)\ **Post date:** [November 4, 2025, 3:58am UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/7 "2025-11-04T03:58:21Z")
![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/2/2/22d558b102ba972072d0f2a0ee0e7d2506ca22fa.jpeg) ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/a/0/a02c80b30484dbc183579cf2a4b7bd8511eaac8a.jpeg) > **[Twenty new projects coming to Soho, Noho, and Tribeca](https://www.cityrealty.com/nyc/market-insight/features/future-nyc/twenty-new-projects-coming-soho-noho-tribeca/70004)** > > 40 Wooster Street & 52 Thompson Street : Between their rich histories, striking architecture, abundance of top restaurants, shops, and nightlife, and convenient access to the rest of the ---
**Author:** ![JC\_Heights](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/jc_heights/32/90668_2.png) [@JC\_Heights](https://forum.newyorkyimby.com/u/JC_Heights)\ **Post date:** [July 10, 2026, 9:23pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/8 "2026-07-10T21:23:02Z")
![39732](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/a/a/aadce7f005c979ade794aa018dd77d6814295042.jpeg) ---
**Author:** ![JC\_Heights](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/jc_heights/32/90668_2.png) [@JC\_Heights](https://forum.newyorkyimby.com/u/JC_Heights)\ **Post date:** [August 17, 2026, 9:56pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/9 "2026-08-17T21:56:50Z")
![41675](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/4/9/495d60748445c68fcfb366cd31d67e1b9668dda0.jpeg) ---
**Author:** ![bkhights](https://avatars.discourse-cdn.com/v4/letter/b/839c29/32.png) [@bkhights](https://forum.newyorkyimby.com/u/bkhights)\ **Post date:** [August 29, 2026, 12:46am UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/10 "2026-08-29T00:46:48Z")
![IMG_6659](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/e/8/e8a97ae5e268d98bc3b9b6a322eab41a93fd0c5c.jpeg) ---
**Author:** ![Whathewhy](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/whathewhy/32/173238_2.png) [@Whathewhy](https://forum.newyorkyimby.com/u/Whathewhy)\ **Post date:** [August 29, 2026, 2:02am UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/11 "2026-08-29T02:02:13Z")
I find it interesting how there are 3 projects proposed or under construction in this single block. Theres this one plus 277 Canal Street and 257 canal street, all at least 20 stories tall. ---
**Author:** ![YIMHudson](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/yimhudson/32/2304_2.png) [@YIMHudson](https://forum.newyorkyimby.com/u/YIMHudson)\ **Post date:** [August 30, 2026, 10:18pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/12 "2026-08-30T22:18:24Z")
this part of SoHo was rezoned recently, i think. ---
**Author:** ![JC\_Heights](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/jc_heights/32/90668_2.png) [@JC\_Heights](https://forum.newyorkyimby.com/u/JC_Heights)\ **Post date:** [September 6, 2026, 2:04pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/13 "2026-09-06T14:04:12Z")
![42877](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/c/6/c6cbfe51e52113042ea9eef9896d56c6480c6ae0.jpeg) ---
**Author:** ![Whathewhy](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/whathewhy/32/173238_2.png) [@Whathewhy](https://forum.newyorkyimby.com/u/Whathewhy)\ **Post date:** [September 10, 2026, 1:27am UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/14 "2026-09-10T01:27:40Z")
![IMG_1027](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/b/3/b3318100a8552d57ed5f1c7c9c93024a00cc60fc.jpeg) ![IMG_1032](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/4/2/42804e0642a102c1261ab6f547cb544186f3ad10.jpeg) ![IMG_1031](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/8/5/850dadb4f937f435df9353e0a98625b42d28e017.jpeg) ![IMG_1030](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/8/b/8bb2d4d8d2db331579be1c42b8ff3fb67aa0d780.jpeg) ![IMG_1028](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/5/4/54fc1f63bc83271ee27382d3abc2d30dae7c210a.jpeg) > **[The Marq Tops Out At 126 Lafayette Street In Soho, Manhattan](https://newyorkyimby.com/2026/09/the-marq-tops-out-at-126-lafayette-street-in-soho-manhattan.html)** > > Construction has topped out on The Marq, a 25-story, 99-unit project from Marvel and Trammel Crow at 126 Lafayette Street building in Soho, Manhattan. ---
**Author:** ![Alemel](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/alemel/32/91966_2.png) [@Alemel](https://forum.newyorkyimby.com/u/Alemel)\ **Post date:** [October 3, 2026, 10:50pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/15 "2026-10-03T22:50:57Z")
Bricks - they add much-needed depth to the façade. ![IMG_0628](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/a/0/a085529964384b4bb8ee089fb2e48dc3ca2dd125.jpeg) ![IMG_0630](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/f/f/ffcec4285965f18c2975aca4860be83cf4549f18.jpeg) ![IMG_0627](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/d/f/dfc8a5523aef10da28debb2b756c07f1ecf55707.jpeg) ![IMG_0629](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/a/3/a3412ebf13e0e14a7ed38835b17207bb715e82af.jpeg) ---
**Author:** ![stache](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/stache/32/30186_2.png) [@stache](https://forum.newyorkyimby.com/u/stache)\ **Post date:** [October 5, 2026, 2:16pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/16 "2026-10-05T14:16:26Z")
The Canal St vendors - 🙁 ---
**Author:** ![Alemel](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/alemel/32/91966_2.png) [@Alemel](https://forum.newyorkyimby.com/u/Alemel)\ **Post date:** [October 5, 2026, 3:17pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/17 "2026-10-05T15:17:25Z")
Canal St. looks terrible, worst every time I walk around it - I puzzles me that the city can’t find a solution to fix it. I read that there are so many loopholes, the vendors always find a way to stay ---
**Author:** ![stache](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/stache/32/30186_2.png) [@stache](https://forum.newyorkyimby.com/u/stache)\ **Post date:** [October 5, 2026, 8:24pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/18 "2026-10-05T20:24:20Z")
They did that cleanup a few months ago and they were back the next day. The guy is back in front of the old L & Taylor 5th Ave. ---
**Author:** ![Alemel](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/alemel/32/91966_2.png) [@Alemel](https://forum.newyorkyimby.com/u/Alemel)\ **Post date:** [October 5, 2026, 9:00pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/19 "2026-10-05T21:00:46Z")
I also read about an idea to fine the buyers to help curb demand. anyway, a closer look at the brick, from today ![IMG_3980](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/e/5/e5724d7f7daad46ecf5b9dec9630c6ab5a76a12a.jpeg) ![IMG_3985](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/a/2/a2e8b5cf5456522c2484ff63f5c59f5f446639f3.jpeg) ---
**Author:** ![Alemel](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/alemel/32/91966_2.png) [@Alemel](https://forum.newyorkyimby.com/u/Alemel)\ **Post date:** [October 18, 2026, 2:03pm UTC](https://forum.newyorkyimby.com/t/new-york-126-130-lafayette-street-ft-25-floors/24294/20 "2026-10-18T14:03:34Z")
![IMG_4224](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/4/1/41f1915e1650139a2654a876c0f371e387e6ce9e.jpeg) ![IMG_4225](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/3/c/3cacd024b458da8ea73b8efc8c3e9988390df324.jpeg) ![IMG_4226](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/c/9/c9bb0cd10e5a4fad15fbd0129e543e259b2c1a10.jpeg) ![IMG_4217](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/6/f/6f8d051b078a5112ff4a260c1c96a94fd5e83dcc.jpeg)