Tribeca’s latest luxury condo is a 24-story tower designed by COOKFOX
Renderings courtesy of Sky Equity Group
A 24-story luxury condo tower is taking shape in Tribeca. Developed by Sky Equity Group, 65 Franklin Street broke ground in April and is now starting to rise at the corner of Franklin Street and Tribeca. Designed by COOKFOX Architects, the 106-unit building features a hand-laid brick facade, landscaped loggias, and will be all-electric and “ultra-low energy.” Amenities include a pool, porte-cochère, and private parking.
Sky Equity secured a $320 million construction loan from G4 Capital Partners for the project last year. The firm also acquired the neighboring 59 Franklin Street site from Bonjour Capital, as well as air rights to 361 Broadway, a landmarked building across the street.
HAP Investments purchased the property, then known as 360 Broadway, for $46 million in 2018, according to Tribeca Citizen. Following a 2025 restructuring and recapitalization, Sky Equity became the project’s sole developer.
“We’re pleased to reach this important construction milestone at 65 Franklin Street as we continue expanding our condominium portfolio in Manhattan,” Simon Dushinsky, founder and CEO of Sky Equity Group, said.
“As the building rises above grade, we’re excited to see our vision take shape,” he added. “Thoughtfully designed to complement Tribeca’s distinctive architecture and historic streetscape, 65 Franklin will be a meaningful addition to the neighborhood while delivering an exceptional residential offering for future homeowners.”
COOKFOX has been tapped to lead the design, incorporating the sustainable practices the firm is known for. According to the firm’s website, the project is designed as an “all-electric, ultra-low-energy residential tower,” with filtered air systems and “high-performance envelope strategies” designed to meet and exceed state energy code requirements.
Though the neighborhood’s signature 19th-century cast-iron architecture inspired the design, the condo tower will present a “decidedly modern” aesthetic. A recurring series of arches defines the facade, while hand-laid molded brick creates a textured surface that plays with light and shadow throughout the day.
Graphite-colored metal spandrels will divide the building’s gridded facade, which will feature nearly five-foot-wide windows. Molded brick and “bull-nosed” edges will give the openings a sculptural quality, creating a natural, tactile appearance.
Residences, which will begin at the fourth floor, will showcase natural materials and refined color palettes, drawing inspiration from the city’s historic artist lofts. At this level, layouts will consist of one- and two-bedroom units.
On the 15th floor, a building setback will create space for landscaped terraces and stacked loggias inspired by the city’s historic “pleasure gardens.” Located at Franklin Street and Broadway more than a century ago, the garden provided a place of respite for New Yorkers.
Another setback on the 24th floor will culminate in a penthouse offering panoramic views of Manhattan.
Four double-height columns will anchor the building’s grand lobby, rising into a trio of double-barrel vaults that pay homage to Rafael Guastavino’s vaulted tiled ceilings found in city landmarks including the City Hall subway station, the Municipal Building, and St. John the Divine.
The ground floor will feature a library and automated parking for residents, while wellness amenities on the third and fourth floors will include a pool, sauna, Pilates studio, and fitness space. A landscaped garden will also provide residents with an outdoor space for relaxation.
Additional retail frontage on the second floor and along Franklin Street will further enliven the streetscape.
Construction on 65 Franklin follows the recent topping out of Sky Equity’s first Manhattan condominium, 260 East 72nd Street on the Upper East Side, which was completed in June and designed by Peter Pennoyer Architects.
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