Another big new development could be in East Harlem's future. A site at 1532 Madison Avenue on the corner of East 104th Street is being shopped around as the perfect home for a new tower that could hold "a school, hospital, stores with avenue frontage, high-priced residential condos or some combination of all the above." The site can hold 50,000 square feet as of right, but if additional development rights are purchased, a new building can be up to 80,000 square feet, with 28,000 square feet of residential. [Crain's]
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