Under Construction

101 Franklin Street

New York City · Residences

101 Franklin Street, also addressed as 250 Church Street, is a luxury office-to-condominium conversion in Tribeca, Manhattan, transforming a vacant mid-century government building into 72 high-end residences.

Verified Sep 20, 2026~3.3 yrs to delivery
AnnouncedBreaking GroundConstructionOpening SoonNow Open
~2029
Completion
72
Units
21
Floors
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Details

101 Franklin Street, Manhattan. 21 floors and 72 residences. Targeting 2029.

The story so far
Announced 2024Skylight/Cannon Hill/TPG acquired 101 Franklin ($100M+) for an office-to-condo conversion + vertical expansion to 21 stories, per 6sqft
6sqft.com
Under construction Aug 2025Office-to-condo conversion physically underway on-site per NY YIMBY (Aug 2025) & 6sqft; renderings revealed Mar 2026
newyorkyimby.com
Sales team appointed Sep 2026Corcoran Sunshine takes the 72-residence Tribeca conversion to market pending state approval, with the expanded 251,000 sq ft building adding 2,654 sq ft of retail and 15 enclosed parking spaces
hoodline.com
Expected opening 2029 est.
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Supply pressure 68 · ElevatedNew York City marketMarket
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About the project

101 Franklin Street, also addressed as 250 Church Street, is a luxury office-to-condominium conversion in Tribeca, Manhattan, transforming a vacant mid-century government building into 72 high-end residences. Developed by Skylight Real Estate Partners with Cannon Hill Capital Partners and TPG, the project adds several floors to reach a roughly 314-foot, 21-story tower designed by Steven Harris Architects, with Hill West Architects as architect of record and interiors by Rees Roberts + Partners. Set directly across from the landmark 56 Leonard, the building pairs its residences with ground-floor retail and on-site parking in one of downtown Manhattan's most coveted neighborhoods.

The New York City market 68 · Elevated supplyTribeca 28-project pipeline · 11,708 residences and keys · peak Late ’28 Explore the market →
Common questions

Frequently asked

Where is 101 Franklin Street located?

101 Franklin Street is located in New York City.

When will 101 Franklin Street be completed?

101 Franklin Street is under construction, with completion expected in 2029 (a TMW estimate).

Who is developing 101 Franklin Street?

Skylight Real Estate Partners & More is the developer behind 101 Franklin Street.

Who designed 101 Franklin Street?

101 Franklin Street was designed by Steven Harris Architects.

How big is 101 Franklin Street?

101 Franklin Street rises 21 stories with 72 residences.