The 10013 is hurting?56 Leonard and 5 Franklin Place stalled out, 34 Leonard sits finished and unsold?but is it more than just the usual real estate market troubles that are plaguing new Tribeca construction? Maybe. Other reasons being blamed: Building locations not quite being "Tribeca proper," and the fact that rich folks started moving to Tribeca in the first place for massive converted lofts with age and character, not glassy new high-rises. [NYP]
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