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This Glassy Seven-Story Building May Rise In East Harlem

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A lot on the northwest corner of Park Avenue and 116th Street may sprout a seven-story mixed-use building with retail, a community facility, and apartments. The property's new owner, who according to a Highcap Group press release picked it up last week for $2.9 million, wants to bring the rendered glass building with balconies to the site, but has yet to seek permits. The site is currently home to the vacated 116 & Park Deli.
· Highcap Group [official]