Tribeca condo sells for $10M

Scott Yedid and Rachel Yedid paid $10 million to Isabel Rose for condo (SC) unit 11 at 90 Franklin Street in Tribeca, Manhattan.
The deal closed on July 1, 2021 and was recorded on July 19, 2021.
The property has 5,027 square feet of built space and 0 square feet of additional air rights for a total buildable of 0 square feet according to PincusCo analysis of city data. The sale price per built square foot is $1,989 per the PincusCo analysis.
The signatory for Isabel Rose was Isabel Rose. The signatory for Scott Yedid and Rachel Yedid was Scott Yedid and Rachel Yedid.
One of the projects were to change the building from a RES to a R-2 and were permitted on December 20, 2016.
This is for unit 11
Within a 400-foot radius of 90 Franklin Street, PincusCo identified 11 commercial real estate items of interests occurred over the past 24 months.
Of those 11 items, four were for major renovation including a certificate of occupancy change. They were two permit applications with a total initial cost of $33.5 million and two initial temporary certificate of occupancy issuances for projects that initially costed $4.2 million. The most recent of these four items was the temporary certificate of occupancy on January 6, 2021 for a 0-square-foot R-2 building with four residential units at 55 Leonard Street.
Of those 11 items, three were sales above $5 million totaling $237.6 million. The most recent of the three was Ny Property Holdco L.P. which bought one condo unit in the 0-square-foot, 148-unit mixed-use building (RM) on 56 Leonard Street for $21.6 million from Alexico Group on April 6, 2020.
Of those 11 items, four were loans above $5 million totaling $66.3 million. The most recent of the four was Eugene S. Krauss which borrowed $17.0 million from Emerald Creek Capital 3, LLC, As Administrative secured by five condo units in the 0-square-foot, 15-unit mixed-use building (RM) on 67 Franklin Street on July 22, 2020.

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