We have to hand it to the Related Companies. Not only does its chairman have the cutest ears in the business, but the megadeveloper has shown it can take a licking and keep on coming back for more. See: Pier 40, Hudson Yards, etc. If you recall, Related tried to get a height bonus by including a theater for Cirque du Soleil in the company's planned hotel-condo tower on far West 42nd Street near the Lincoln Tunnel. When that fell apart, the property languished, morphing into the Hell's Kitchen Swimming Hole before finally being drained and solidified. But Related has not given up on getting that zoning advantage, and so the Observer's Eliot Brown reports that the developer is in "advanced talks" with the Signature Theater Company to be the theater tenant. The troupe has been looking for a new home since a deal fell through for the planned Performing Arts Center at the World Trade Center. Can Related then work out its issues with the city and finally get this tower built? Our inner drama geek can't wait to find out. The rest of us...meh.
· Encore! Related Tries Again for Theater Bonus [TRE]
· Construction Watch: Hell's Kitchen Swimming Hole Closed [Curbed]