The Dermot Company's plan to put a glassy $150 million hotel addition on top of the historic Battery Maritime Building stalled in 2009 after they weren't able to secure financing. Now, although there's no official word from the developer, Downtown Post has noticed that construction is underway atop the existing century-old ferry terminal, which was restored by the New York City Economic Development Corp. in 2005. Dermot, along with the Poulakaos family restauranteurs, signed a 99-year lease on the building in 2012. The design is presumably the same one that was provided in 2007-2008, after a long back and forth with the Landmarks Commission, by Rogers Marvel Architects, which his since split (amicably) into Marvel Architects and Rogers Partners, both of whom display the rendering of the hotel addition on their respective websites. A spokesperson for Marvel told Downtown Post, "Marvel Architects executed the design to obtain federal tax credit. We have not been involved in the Battery Maritime Building project since those credits were obtained." Ismael Leyva and interior designers I©RAVE are also supposed to be involved.