Newmark has been retained on an exclusive basis to arrange for the sale of 2 Thomas Street (“315-317 Broadway” “Property” or “Site”). The Site is a combined 6,833 SF lot located on the corner of Broadway and Thomas Street in Tribeca, New York.
The entire project has already received LPC approval and features beautiful cast iron architecture which seamlessly blends into the Downtown Manhattan charm. Original plans included preserving a portion of the South lot while seamlessly integrating a modern luxury residential tower on the North lot. The development opportunity has been maximized with Inclusionary Housing air rights that have already been purchased for a total of 81,313 BSF as-of-right.
The Property is located in Tribeca East allowing for ideal access to some of the city’s best retail, dining, and recreational demand generators all within walking distance. Further, 2 Thomas Street is less than a 5-minute walk to the R, W trains at City Hall and the J, Z trains at Chambers Street, providing for convenient transportation to all of NYC.
2 Thomas Street represents the outstanding opportunity to purchase an exceedingly rare development site of scale on the corner of Broadway and Thomas Street. All inquires should be directed to Newmark.