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CurbedWire: 99 Jane vs. SEC, Stalled in Greenpoint?

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As ever, your reports from the field keep Curbed humming: tips@curbed.com. Merci.

GREENPOINT?A special Curbed tipster has a nominee for our Arrested Development case files: "I'd like to nominate 98 Clay Street. It has been hit with multiple stop work orders and has been dragging on for approximately two years. It runs from 98 Clay south to 141 Dupont Street. I have no idea how tall they can go with such a 'footprint' but my guess is pretty damned high. It is 4-5 LONG blocks to the subway and 5-6 LONG blocks to the closest grocery store." Well, at least there's been progress since, uh, June 2007. The permit on file is four-story, eight-unit residential building from an architect you may have heard of named Robert Scarano. [CurbedWire Inbox]

WEST VILLAGE?Back when the celeb-friendly penthouse at 99 Jane Street hit the market, the owners made sure to point out they weren't selling because of financial turmoil. Then the 4,500-square-foot spread (actually two combined penthouses) was cut by $2 million to a price of $14.5M, and now this: "The current owner who's selling the place is none other the Bruce Bent II. The SEC on Tues filed a civil suit against the father/son team that ran the Reserve Primary Fund, alleging fraud. Bruce Bent II is the son of the founder and a current director of the fund." Does this mean the price will be going back up? Legal fees are expensive nowadays. [CurbedWire Inbox]

99 Jane Street

99 Jane Street, New York, NY 10014