90 Franklin Street New York NY: What Buyers Should Know
- 01. 90 Franklin Street New York NY: What This Address Is
- 02. Historical Origins and Architectural Significance
- 03. Key Building Facts at a Glance
- 04. Conversion to Luxury Lofts and Residential Character
- 05. Location Advantages and Neighborhood Context
- 06. Market Activity and Valuation Trends
- 07. Why This Address Matters for Urban History and Education
90 Franklin Street New York NY: What This Address Is
90 Franklin Street New York NY is the address of Franklin Tower, a 17-story pre-war condo building in Tribeca (Manhattan, ZIP 10013) built in 1915 as the Corn Exchange Bank and converted to 24-25 luxury lofts between 1999-2001. The building sits inside the Tribeca East Historic District, features a marble lobby with full-time doorman and concierge, and offers sweeping views toward the Hudson River and Manhattan skyline.
Historical Origins and Architectural Significance
Franklin Tower was constructed in 1915 to house the Corn Exchange Bank, reflecting early 20th-century commercial confidence in downtown Manhattan. Its design combines Art Deco elements with a brick tower and setbacks typical of pre-war New York skyscrapers. The building wasnot originally residential
; the adaptive reuse into lofts preserved high ceilings and large floor plates suited to open-plan living.
Cultural prominence rose in 2001 when pop icon Mariah Carey purchased a triplex penthouse for $9 million, drawing national attention to the address. As of April 2026, the penthouse is listed for $27 million, spanning 12,728 sq ft with 1,100 sq ft of private outdoor space and 360-degree views.
Key Building Facts at a Glance
| Attribute | Value |
|---|---|
| Year Built | 1915 (pre-war) |
| Stories / Units | 17 stories; 24-25 condos |
| Building Type | Condo (formerly bank) |
| Neighborhood | Tribeca, Manhattan |
| Historic District | Tribeca East Historic District |
| Amenities | Doorman, concierge, gym, roof deck, laundry |
| Walk Score | 99 - Walker's Paradise |
| Penthouse (2026) | $27M; 12,728 sq ft; 8 bed/6+ bath |
Conversion to Luxury Lofts and Residential Character
The adaptive reuse project ran from 1999 to 2001, transforming the bank into spacious lofts with high ceilings and full-floor apartments on upper levels. Floors 11-16 each contain one apartment, creating low-density ownership uncommon in Manhattan. The conversion installed electronic security systems, central air, custom climate control, and high-speed internet wiring.
Residents benefit from a large marble lobby, full-time doorman, and concierge service-features that reinforce the building's elite residential profile in Tribeca. The property permits pets and includes a bike room, common roof deck, and gym.
Location Advantages and Neighborhood Context
Franklin Tower occupies a prime Tribeca location near boutique retailers (Thom Browne, Issey Miyake) and notable restaurants including Corton, Rosanjin, Odeon, and Landmarc. The address delivers exceptional cross-views-north, east, south, and west-thanks to its height above low-rise neighbors.
Market Activity and Valuation Trends
Median listing price in the building/area is approximately $1,850,000, with median list price per square foot around $1,676. A 2-bedroom, 2-bath, 1,900 sq ft unit is estimated at $3,777,100 as of March 2026. The penthouse unit listed on April 8, 2026, at $27,000,000 ($2,121/sq ft) represents the building's top-tier market segment.
Taxes for a lower-floor unit reached $35,604 in 2025, reflecting assessments consistent with Tribeca's high-value residential market.
Why This Address Matters for Urban History and Education
Franklin Tower exemplifies adaptive reuse-a model where historic commercial buildings gain new life as residential spaces while preserving architectural character. For educators and school leaders studying place-based learning, the building offers a tangible case linking financial history, architecture, and neighborhood transformation.
From a Marist pedagogy perspective, the site illustrates how communities can honor heritage while fostering human flourishing-aligning with values of stewardship, solidarity, and holistic development. Understanding such addresses helps students connect local history to broader themes of social mission and urban ethics.
Helpful tips and tricks for 90 Franklin Street New York Ny What Buyers Should Know
What is 90 Franklin Street New York NY?
It is Franklin Tower, a 1915 pre-war Art Deco condo building in Tribeca converted to 24-25 luxury lofts in 2001.
When was Franklin Tower built and converted?
Built in 1915 as the Corn Exchange Bank; converted to residential lofts between 1999 and 2001.
How many units are in 90 Franklin Street?
The building contains 24-25 condominium units across 17 stories.
Is 90 Franklin Street in a historic district?
Yes-it lies within the Tribeca East Historic District.
Who lived at 90 Franklin Street?
Singer Mariah Carey owned a triplex penthouse purchased for $9 million in 2001.
What is the penthouse price at 90 Franklin Street?
As of April 2026, the penthouse is listed for $27 million (12,728 sq ft).
What schools serve 90 Franklin Street?
The address is in School District 02 (Manhattan).
