Construction plans — and demolition plans — have been filed for the Tribeca Pharmacy building, with its Jason Bourne addresses including 17-23 Avenue of the Americas, or 1-5 Walker, or 249-253 West Broadway. This is the biggest of the many Matera family properties; it sold in January 2025 for $18 million. (Yimby had the story first.)

The new building — I am pretty sure it is called 1 Walker — will be 135-foot-high, nine-story residential building that will have five (!) units across 24,000 square feet — with just 53 square feet left for commercial uses. The developers are Sumaida + Khurana, who were the construction managers for 157 Hudson, the landmark brick building on Collister, and they co-developed Soori High Line on West 29th and 152 Elizabeth, designed by Japanese architect Tadao Ando.

Tribeca Pharmacy closed in January 2024; Tribeca Park Cafe closed in August 2025 after 45 years there. Anotheroom is seeking another space in the neighborhood after two plans were quashed.

Peter Matera, who died in 2023, lived above the pharmacy. His estate included a huge Tribeca real estate portfolio amassed over decades by his father. Many of the buildings have been sold off already; the latest to go was the Eulalie building, just south on West Broadway.