Peebles inks declaration at condo project in Tribeca

Peebles Corporation through the entity Civic Center Community Group Broadway LLC signed a declaration covering  1 parcel, including the tax class office building with ten stories or more (main avenue type) (O3) and containing 151 residential units at 346 Broadway in Tribeca. The declaration closed on August 05, 2019 and was recorded on August 08, 2019.
The property contains a total of 388,332 square feet of built space.
The last time the property sold was December 11, 2013, for $130,429,650.
The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 169 residential (or hotel) units on July 18, 2019.
Over the past five years, there have been 8 NYC Department of Buildings permit applications filed for this parcel. Of those there was one major renovation application including a certificate of occupancy change (A1) filed with a total estimated value of $45,000,000. Those filings sought to increase the number of residential units by 169 to 169 There were 7 renovation/alteration projects (A2) applied for with a total estimated value of $7,388,500.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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