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This First Avenue lot is part of a huge development site assembled by Sheldon Solow several years ago after a Con Ed power plant was demolished. The new owner, JDS Development is planning two residential towers. The architect for Solow's original condo plan was Richard Meier. That $4 billion plan was put on hold in 2009. Solow has since begun unwinding his businesses and sold this parcel to JDS. A new rental apartment plan with a new architect is to be revealed soon. The two tower scheme is fully approved.
New architect is SHoP: http://a810-bisweb.nyc.gov/bisweb/J...id=1&passjobnumber=121331059&passdocnumber=01
SHoP-Designed Rental Towers Rising In First Avenue Mud Pit
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As previously envisioned by Richard Meier:
Solow's Con Ed Site Gets The Wake Up Call!
Site at far left could be first to be developed.