"Sky High Dreams: Controversial Developer Moshe Neiman Files Permits for 20-Story Building in Tribeca"
"Permits filed for 59 Franklin Street in Tribeca by Sky Equity Group LLC, listed as owner Moshe Neiman."
Permits have been filed for a 20-story mixed-use building at 59 Franklin Street in Tribeca, Manhattan, by developer Moshe Neiman of Sky Equity Group LLC. Located between Broadway and Benson Place, the lot is a short walk from the Canal Street subway station, served by the J, Z, and 6 trains.
The proposed building has already sparked controversy in the neighborhood due to its height and potential impact on the surrounding area. However, Neiman seems determined to move forward with his ambitious plans.
According to Neiman, the building will feature luxury residential units and retail space on the ground floor. "We are excited to bring a new level of luxury living to the Tribeca neighborhood," he stated in a press release.
This is not Neiman's first project in the area. He has faced backlash in the past for his development plans, but has managed to push them through despite community opposition and concerns about overdevelopment.
Despite the controversy, it seems that Neiman's connections and deep pockets continue to give him the upper hand in the game of New York City real estate. As one industry insider put it, "When you have money and influence, you can pretty much do whatever you want in this city."
Accurate, fact-checked rewrite of the article.
https://newyorkyimby.com/2025/07/permits-filed-for-59-franklin-street-in-tribeca-manhattan.html