Construction of a new 18-story residential tower began at 50 Franklin Street in September 2007. Located near Lafayette Street in Chinatown, the tower will replace a street-level parking lot.
Contractor CM & Associates is developing the tower, designed by Rawlings Architects. It is scheduled to open by March 2009.
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The developer began construction on this concrete-structure tower in September 2007 and expects it to continue 14 to 18 months, through approximately March 2009.
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