Franklin Plaza Apartments
Project Overview
Major capital improvement program including the facades, roofs, heating plant, plumbing, common area repairs, and exterior site.
Property
Residential cooperative complex spread out over two adjacent city blocks, comprised of 14 buildings, each 20 stories tall, with 1,635 apartments, in East Harlem. Built in 1960, Franklin Plaza Apartments is a Mitchell Lama development funded by the NYC HDC.
Highlights
- Boiler replacement and heating plant upgrade
- Oil-to-gas conversion
- Main roof and bulkhead roof replacement
- Water tower enclosure repair
- Interior walkways and exterior sidewalk replacement
- Facade Inspection Safety Program 7th Cycle inspections and repair programs
- ADA-compliant ramps and handrails
Estimated Energy Cost Savings (Energy Audit)
$31 million
