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Stalled Lower East Side Project Gives Up, Goes on the Market

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The 12-story development at 210 Delancey Street near the Williamsburg Bridge—thus the name Delancey Bridge Tower—has been troubled for awhile, and now the developers are throwing in the towel. Bowery Boogie reports that the stalled project is now on the market for $35 million. Plans were first approved by the Department of Buildings in September 2012, and it seemed like it got off to a solid start, with construction underway by early 2013. But Stop Work Orders halted the development in November 2013, and again last summer, though its steel frame did manage to rise a couple stories above ground.

The plans, designed by shady architect Michael Kang, called for 69 apartments, a gym, a rooftop terrace, and a 8,352 square-foot commercial space on the ground floor. The look of the building wasn't anything to get excited about, so hopefully a new owner will make some improvements.
· Delancey Bridge Tower Development Fails, On the Market for $35.5M [BB]
· 210 Delancey Street coverage [Curbed]