9-Story Building with Mere 5 Condos Planned for a Tribeca Corner

The building on the 4,650-square-foot site, bordered by 6th Avenue, Walker Street and West Broadway, is slated for demolition and will be replaced by a 9-story condominium. Photo: Carl Glassman/Tribeca Trib

Editor's note: The Trib has reposted a first-hand remembering of life at 249 West Broadway in the late 19th century. At that time, a pharmacy occupied the ground floor and the writer, whose father ran the business, grew up in the building and attended an elementary school located at Varick and North Moore streets. 

A Tribeca corner building, formerly the home of a pharmacy, deli and popular bar, will become the site of a 9-story residential building with just five apartments and a small commercial space.

The developer Sumaida + Khurana has plans filed with the Department of Buildings for a condo project at 249 West Broadway, at Beach Street, according to media reports. The 4,650-square-foot site was purchased by the developer in December 2024 for $18 million, The Real Deal reported back then.

Tribeca Park Cafe and the bar Anotheroom closed their doors in August 2025 and the third ground-floor tenant, Tribeca Pharmacy, had shut down the previous year. Cafe owner Sayed Abdalla had operated his deli for 40 years. 

Sumaida + Khurana bought the three-story trapezoid-shaped structure from the estate of Peter Matera, who had taken over the building after the death in 2009 of his father, John. Peter died four years later. Matera’s Staten Island cousins took control of the estate, which included a number of Tribeca buildings amassed by John Matera from the 1970s to 1990s. The relatives have since been selling off the properties. 

A vibrant, panoramic mural of Tribeca, painted by Konstantin Bokov, remains on the back wall of the former deli. A spokesman for the developer did not respond to questions about the new building, including the fate of the mural.

The architect of record for the new building is Manish Chadha of Ismael Leyva Architects. No rendering of the building is yet available.