Articles on Community Board 1

Tribeca Condominium Project is Resurrected

A plan to turn a vacant Tribeca lot into two new condominiums is once again underway after an almost nine year delay. Developers Andreas Giacoumis, along with Darrin Krampus of BORO Architects, presented Committee Board 1 with original designs for 246 Front Street and 267 Water Street, which were supposed to be erected in 2003 when the Landmark Preservation Commission approved the plans. The economy experienced a sharp downturn, however, and developers became wary of building new property throughout Manhattan neighborhoods, so the project was stalled.