31 Lispenard Street is a modern condominium development in Tribeca, a trendy and historic area of Lower Manhattan known for its cast-iron buildings and upscale vibe.

Development Overview: This is a new condo project by Urban Standard Development, a company specializing in ground-up construction and renovations. The building replaces an older one-story mixed-use structure from 1947 that had five units, two of which were residential.

Building Specifications:
Height and Units: A seven-story building standing 89 feet tall, with 5 residential units.

Size: Total area of 12,603 square feet, including 10,362 square feet of residential space and 1,031 square feet of ground-floor retail.

Design: Features a sleek, contemporary look with a conventional storefront and arched windows on the residential floors, blending modern gloss with Tribeca’s brick aesthetic. The architect is GF55 Partners, known for similar urban projects.

Status: Full demolition permits were filed by 2018 for the prior structure, and by 2019, plans were presented to the NYC Landmarks Preservation Commission (LPC) for approval, given Tribeca’s historic district status. Renderings of both interior and exterior were unveiled around then. As of March 2025, it’s likely completed or nearing completion, though I don’t have real-time confirmation. No offering plan was filed by 2019, but Tribeca’s median condo price ($4.5 million) suggests these units would be high-end.

Location Details:
Address: Corner of Lispenard Street and Church Street, in the heart of Tribeca.

Neighborhood: Tribeca (Triangle Below Canal Street) is famous for its loft-style homes, cobblestone streets, and proximity to SoHo. It’s a hub for art, dining, and luxury living.

Nearby: Steps from Canal Street, the Canal Street Market, and transit options like the Canal Street subway station (A, C, E, 1 trains). Cultural spots like the Tribeca Film Institute are also close.

Historical Note: Lispenard Street is named after Anthony Lispenard, who owned the land in the 18th century. The area evolved from meadows to a 19th-century trade hub, and now a chic residential zone.

Additional Context
The original building at this address was a modest 17-foot-tall structure owned by Peter Matera of Urban Standard Capital before its demolition. The new development reflects Tribeca’s ongoing transformation, balancing preservation (via LPC oversight) with modern luxury.