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Monday, June 8, 2015

On the Market: Crate and Barrel to Shutter Midtown Flagship; an End to 421-a?

Even as Steve Witkoff moves forward with plans to co-develop the current site of the Park Lane hotel on Central Park South into ultra high-end condos, the bizarre battle to preserve the hotel is ongoing, according to Crain's . The preservation campaign, which has widely been viewed as a bid to block the re-development of the site rather than an earnest effort to save the Park Lane, has been quiet for the last few months, but the group behind it is again agitating to have the structure landmarked.
http://ift.tt/1dXTpla

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