# NEW YORK | 59 Franklin St | 235 FT | 20 FLOORS **URL:** \ **Category:** Proposed\ **Created:** [July 21, 2014, 7:38pm UTC](https://forum.newyorkyimby.com/t/new-york-59-franklin-st-235-ft-20-floors/525 "2014-07-21T19:38:12Z")\ **Posts on this page:** 4\ **Page:** 1
**Author:** ![MrVenaCava](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/mrvenacava/32/1526_2.png) [@MrVenaCava](https://forum.newyorkyimby.com/u/MrVenaCava)\ **Post date:** [July 21, 2014, 7:38pm UTC](https://forum.newyorkyimby.com/t/new-york-59-franklin-st-235-ft-20-floors/525/1 "2014-07-21T19:38:12Z")
## **[Permits Filed: 59 Franklin Street](https://www.newyorkyimby.com/2014/07/permits-filed-59-franklin-street.html)** BY: NIKOLAI FEDAK ON JULY 21ST 2014 AT 10:45 AM ![](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/5/d/5dff229bccc9a513a70e9f313b4cb4e4d6c62506.jpeg) _59 Franklin Street, image via Google Maps_ > Bonjour Capital has filed applications to construct a new 18-story building at 59 Franklin Street, in Tribeca, between Church and Broadway. The architect of record is Goldner. > Permits reveal a total scope of 89,080 square feet, and the building will be entirely residential, divided between 89 apartments. > The surrounding neighborhood is booming, with two projects underway on adjacent blocks; work is progressing at Cast Iron House, at 67 Franklin Street, and the ODA-designed 5 Franklin Place is also rising. Tribeca real estate is becoming increasingly prime, and with the area’s transit connections, denser development should be encouraged; the 1, 2, 3, A, C, E, 4, 5, 6, N, Q, and R trains are all just a short walk away. ![](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/a/1/a10efa97554b26e9b84207d78d124499a8077986.jpeg) _59 Franklin Street, image vi Google Maps_ > Given available connections, 59 Franklin Street’s proposed FAR of 9.3 looks relatively miserly, and something that corresponds to the transit infrastructure would be more appropriate. At the very least, the project’s unit mix will be more diverse than most developments in Tribeca, where new apartments tend towards palatial; at Bonjour’s building, the average size will be approximately 1,000 square feet. > Demolition filings for the existing 5-story structure were approved in May, with new building permits now pending approval. ---
**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:** [August 28, 2023, 4:20pm UTC](https://forum.newyorkyimby.com/t/new-york-59-franklin-st-235-ft-20-floors/525/2 "2023-08-28T16:20:51Z")
> **[Tribeca Citizen | The latest in the saga (and heartbreak) at Franklin and...](https://tribecacitizen.com/2023/08/25/the-latest-saga-and-heartbreak-around-franklin-and-broadway/)** > > The corner of Broadway and Franklin has fallen victim to what seems like two failed developments, leaving a hole in the ground that’s about to get bigger. > Demolition is (well) underway for 59 Franklin, the six-story brick building just east of the corner with Broadway, AND 358 Broadway, the five-story building just south of the corner. The two sites surround the empty lot at 65 Franklin, the failed construction site that has been idle for years and as far as I can tell, no longer has an active permit. > > There have been plans since 2016 to demolish the two to make way for a new 18-story residential building, but there is now a lawsuit where the developer of 59 is suing the developer of 65, claiming that their site damaged its neighbors. Tribeca Citizen photo: ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/7/e/7e93150f4ddc5f9c881604d933acb52f042f4c5d.jpeg) ---
**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:** [July 9, 2025, 4:52pm UTC](https://forum.newyorkyimby.com/t/new-york-59-franklin-st-235-ft-20-floors/525/3 "2025-07-09T16:52:04Z")
height bump > **[Permits filed for 59 Franklin Street in Tribeca, Manhattan - New York YIMBY](https://newyorkyimby.com/2025/07/permits-filed-for-59-franklin-street-in-tribeca-manhattan.html)** > > Permits have been filed for a 20-story mixed-use building at 59 Franklin Street in Tribeca, Manhattan. ---
**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:** [September 23, 2025, 3:47am UTC](https://forum.newyorkyimby.com/t/new-york-59-franklin-st-235-ft-20-floors/525/4 "2025-09-23T03:47:27Z")
> **[G4 Capital Partners Provides $320M for Rabsky Group in Tribeca](https://commercialobserver.com/2025/09/g4-capital-partners-320m-construction-loan-sky-developers-tribeca-condo/)** > > Sky Developers secured $320 million in construction financing to build a 280,000-square-foot condominium across in Downtown Manhattan is this to be merged into 65 Franklin? > [@NEW YORK | 65 Franklin Street | 235 FT | 20 FLOORS](https://forum.newyorkyimby.com/t/new-york-65-franklin-street-235-ft-20-floors/4181/35): >