It looks like Chinatown is getting that Peter Poon hotel after all. Demolition is currently underway for the two low rise buildings at 50 Bowery, and later this year, foundation work will begin for a 20-story, 220-room hotel. The new intel comes from Lower Manhattan Construction and Command Center, and it differs from the latest DOB permit, which calls for 22 stories and 160 rooms. [LMCCC; previously]
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