19 Beach Street
This site gave Tribeach not only its name but also a successful start in real estate development. With an option to buy the site subject to rezoning and planning approval, the partners designed and filed for a variance with the New York City Board of Standard and Appeals to change the zoning use from manufacturing to residential and to increase the floor area by 40% (an increase in F.A.R. from 5 to 7). Tribeach sold the development, although its affiliate Fegan Berg Architects completed the design and construction. The success of this project was made possible by negotiating a complex acquisition contract offering the seller a price he was looking for, in exchange for the time to obtain the variance.