HAP Investment Developers submits 40-unit condo plan in Tribeca

On February 10, HAP Investment Developers submitted a condominium plan for 40 residential units and one commercial unit at 65 Franklin Street in Tribeca, Manhattan.

The condo plan, CD220037, does not have a sellout price listed with the New York State Attorney General. Eran Polack, CEO and Co-Founder of HAP Investments, is listed as the owner.

Renderings of the development can be seen below.

In 2018, the developer filed plans for the construction of a 210-foot tall, 19-story, 77,267-square-foot mixed-use building with 41 dwelling units.

Per the plans, the ground floor of the building will have retail space and a residential lobby. The second floor will have two dwelling units, a kid’s playroom, lounge, library, and terrace. Floors three and four will each have four dwelling units per floor, floors five through 12 will each have three dwelling units per floor, the 13th floor will have the lower levels of three duplex units, the 14th floor will have the upper levels of three duplex units, floors 15 through 17 will each have one dwelling unit per floor, the 18th floor will have the lower half of one duplex unit, the upper half will be on the 19th floor. The cellar of the building will have retail space. The building’s sub-cellars will have a fitness room, fitness studio, and a pet wash.

The plans were permitted in August of 2020.

The developer purchased the property for $46 million in February of 2018.