GDSNY and GDS Development acquired, designed, and developed 177 Franklin in TriBeCa, now home to the flagship Shinola store.
177 Franklin Street in Tribeca, New York was purchased as a unfinished shell. It was then renovated, repositioned by GDSNY. The property was then sold back to the market office headquarters and the new flagship Shinola store. 177 Franklin Street is a seven story + full height basement, masonry building, in the heart of Tribeca.
This stretch of Franklin Street was declared part of the Tribeca West Historic District in 1991. Over the last few decades this district evolved into a unique area of Manhattan. With world-renowned restaurants, specialty retail boutiques and sizable loft homes, Tribeca maintains its old-world charm while offering many unique conveniences.
177 Franklin’s close neighbors include Robert de Niro’s Greenwich Hotel as well as restaurants like Tribeca Grill & Nobu. Fashion designers such as Issey Miyake, Thom Browne and Nili Lotan also boast flagship stores and design studios nearby. Notable residents include: Jennifer Connelly, Billy Christal, Leonardo DiCaprio, James Gandolfini, Heather Graham, Jay-Z, Derek Jeter, Scarlett Johansson, Harvey Keitel, Beyonce Knowles, David Letterman, Gwyneth Paltrow, Nouriel Roubini, Richard Serra, Jon Stewart, Michael Stipe, Meryl Streep, Uma Thurman, Justin Timberlake, and Kate Winslet. From NY Magazine: “By many criteria, Tribeca could be considered the best place to live in the city. It enjoys minuscule crime levels, great schools, tons of transit, well-planned waterfront access, and light-filled loft-type apartments in painstakingly rehabbed industrial buildings.”