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Greenwich Village Merchants Love NYU, Students' Money

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FIDI—A tipster sends us in these photos of 25 Broad Street, which is about to undergo demolition on its south wing from this weekend through August. The building will also hit the auction block in Mid-April after developer Kent Swig defaulted on $338 million in loans. While the building is in foreclosure, LCOR and Rose Associates are continuing a transformation of the building into residential property, in this case rentals. [Curbedwire Inbox; TRD]

GREENWICH VILLAGE—The Greenwich Village-Chelsea Chamber of Commerce conducted a poll of 110 Greenwich Village merchants, approximately three-quarters of whom expected "speculated that their businesses will grow as NYU expands, increasing the size and diversity of the pool of consumers shopping in the area." The merchants and GVCCC expressed support for the university's continued expansion in the neighborhood. [Curbedwire Inbox]