101 Franklin Street (250 Church Street)
101 Franklin Street, New York, NY 10013
BBL 1001770002 · BIN 1001971
- Type
- Condominium
- Landmark
- Landmark or historic district
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 101 Franklin Street (250 Church Street) would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
The project turns a 17-story office building into a condominium and adds four floors. The existing structure sits on a 13,606-square-foot lot with about 202,000 square feet of building area, per PLUTO. The sponsor acquired the building from Columbia Property Trust in 2024 for more than $100 million, per published construction reporting. An earlier plan for a commercial renovation designed by Rafael Viñoly Architects was set aside.
At 72 residences across about 251,000 square feet of building area, the plan gives an average of roughly 3,500 gross square feet per residence before commercial space, parking and common areas. The building stands at the corner of Franklin and Church Streets, at the next corner from the 56 Leonard Street tower.
What's planned
Renderings show a facade with a light stone base and double-height arched windows beneath a wraparound canopy, with red brick and black metal spandrels with a sculptural pattern above. The four new floors sit on top of the existing superstructure. Setbacks at the 12th and 16th floors appear to carry terrace railings. The wider south face is a regular window grid; the narrower north face has two levels of decorative arches. A tall bulkhead caps the building. The unit mix and amenity package have not been published.
DOB records show Hill West Architects as applicant on the alteration job (M00512217, filed December 2021, covering the cellar through the 17th floor). The 21-story expansion appears in published reporting; confirm final stories, height and square footage in the offering plan.
Timeline and filings
- 2022: DOB permits issued for partial facade and interior demolition, a materials hoist and temporary protection.
- 2024: The sponsor acquires the building for more than $100 million.
- October 2025: Permit issued for temporary shoring and vibration isolation.
- December 17, 2025: Offering plan CD250419 submitted to the Attorney General.
- March 2026: First renderings published.
- April 2026: DOB permit issued for foundation modifications (job M00517282).
- October 2026: Foundation work including pile cap reinforcement filed with the DOB.
Offering and pricing
The Attorney General's database shows plan CD250419 submitted December 17, 2025, for 72 residential units and one commercial unit. No acceptance date, total offering price or sales launch has been recorded as of October 2026. No pricing has been published.
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What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 101 Franklin Street (250 Church Street) and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
What to know if you’re buying
Plan first. Reservations taken before the Attorney General accepts the plan are non-binding, and contracts cannot be signed until acceptance. The plan submitted in December 2025 had not been accepted as of October 2026.
Conversion and expansion. Expect the plan to describe both the existing structure and the new floors, with a construction schedule and a budget for the building's mechanical systems. Read the engineer's report and the sponsor's completion obligations closely.
Deposits. Sponsor deposits are typically 10% to 20% of the purchase price, held in escrow under the plan.
Taxes. In sponsor sales the buyer customarily pays the New York State and New York City transfer taxes, and the mansion tax applies at $1 million and above, at higher rates in New York City above $2 million. The calculators below price both.
Closing on a temporary certificate of occupancy. Sponsor closings typically occur on a temporary certificate of occupancy, before the final certificate issues. Ask what holdbacks or escrows cover open punch-list and final-certificate items.
Common charges and abatement. The projected budget, real estate taxes and any abatement are set in the plan. Ask whether an abatement applies and when it phases out.
Comparable buildings
If you're tracking 101 Franklin Street, also evaluate these Tribeca condominiums:
- 56 Leonard Street — Herzog & de Meuron tower at the next corner, the nearest tower-scale condominium
- 111 Murray Street — new-construction Tribeca condominium tower
- 108 Leonard Street (The Clock Tower) — conversion of a historic office building
- 155 Franklin Street — loft conversion of a historic warehouse
- 140 Franklin Street — loft-conversion condominium on the same street
More Tribeca buildings
- 100 Franklin Street, 100 Franklin Street and 3 Avenue of the Americas — 2018
- 100 Hudson Street (Franklin-Hudson Building) — 1909 co-op
- Tribeca Court (100 Reade Street) — condominium
- 101 Warren Street — 2008 condominium by Skidmore, Owings & Merrill
- 104–108 Reade Street — 1860 condominium
- 105 Chambers Street (The Cary Building) — 1856 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Tribeca — read The Roebling Team Guide to Tribeca.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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