1355 First Avenue's The Charles, the Upper East Side David Collins-designed condo that is currently nothing more than an empty plot of land, will continue to be an empty plot of land for some time. The developer is having trouble getting a fresh loan, according to court papers, because even though the earlier loan has been paid off, its lender still wants to be involved in the project. Honestly? We're just happy to hear there's a little life left in this one. [Real Deal; previously]
Filed under: