Posted Aug 12, 2015, 3:57 PM
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Homo sapiens sapiens
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Join Date: May 2012
Location: 3rd planet from the Sun
Posts: 1,666
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Cancelled:
http://www.wsj.com/articles/SB100014...38391052612362
By ANTON TROIANOVSKI
Updated May 13, 2010 12:01 a.m. ET
Quote:
Even more distressing for the city have been the problems at Point Street Landing, a separate $900 million, mixed-use project planned for another Yonkers site once used as a movie stage.
After a series of setbacks and delays, Satellite Asset Management, a hedge-fund firm founded by former lieutenants of financier George Soros, has put the site up for sale for a fraction of what their fund loaned to the project's now-defunct developer.
The $900 million Point Street Landing was going to include 1,124 housing units and nearly 100,000 square feet of office and retail space, to be built on land contaminated from decades of use as a cable factory. More recently, the site was occupied by a movie stage where films such as 2001's "Zoolander" were shot.
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