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Yet Another Triangle Below Canal: 475 Greenwich Street

Tonight's the official dedication of Canal Park, the refurbed public space at the west end of Canal Street that's been glowing green since July. Further east on Canal Street, at 475 Greenwich Street, another forgotten triangle faces a different fate: luxury loft development, of course. Take a glimpse at the sleek little number that will stand where a lone tree now waves (as chronicled by blogger A Test of Will in the photo above), after the jump.

From the official site: "Douglaston Development and Montagu Square Development have joined together on this unique project. To be built on its own isolated parcel, 475 Greenwich Street will consist of 21 luxury condominium lofts and 5,000 square feet of retail space. Greenberg Farrow Architects has used this rare opportunity to build a free standing building to create a signature design. A zoning variance was secured to allow residential development on this site."

We hadn't hung out at the Douglaston Development website before, so props are due to their catchy slogan: "The excitement is building." It certainly is.
· Last Tree Standing [A Test of Will]
· Tribeca Triangle Building Planned [Downtown Express]
· An Oasis Beckons in a Spot Once Used by Trash Trucks [NYTimes]