NEW YORK | 101 West 28th St | 296 FT | 28 FLOORS
Quote:
Site of Arrested Development Remy Finally Snapped Up
Monday, March 7, 2011, by Sara Polsky
Remember Remy? Even before the economy took a nosedive, the Costas Kondylis-designed cantilevered tower at the corner of Sixth Avenue and 28th Street was stalled for so long the Department of Buildings ordered the foundation filled in to avoid a collapse. You do hate to see that. We assumed Remy had breathed its last, but some much-delayed CPR appears to be on the way. Crain's reports that Lexin Capital has picked up the defaulted loan on the site and is in the midst of foreclosure proceedings. A Lexin exec tells Crain's the company doesn't yet have a plan for the site, so maybe Remy's still got a shot. Look alive!
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http://ny.curbed.com/archives/2011/0...snapped_up.php
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New York City,The City That Never Sleeps,The Capitol Of The World,The Big Apple,The Empire City,The Melting Pot,The Metropolis,Gotham
Buildings Over 200 Meters 62 Completed 20 Under Construction 50 Proposed 0 On Hold
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