New possible news?
https://therealdeal.com/2019/06/03/d...sions-expires/
Quote:
The city’s four-year moratorium on converting hotel rooms to residential units quietly expired over the weekend, as the city declined to extend the law following an unfavorable court decision a few months ago.
The sunsetting legislation is a major victory for hotel owners and advocates of property rights, though it’s unclear how enthusiastically developers will take advantage of it: The red-hot condo market that gave rise to the law is long gone.
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The rendering shows pools at the top of the podium, perhaps this is a condo tower?