5 Franklin Place (2 of 9)
UNStudio/Ben van Berkel for Sleepy Hudson ANNOUNCED: April 2008 PLAN: A 20-story residential tower comprising 55 luxury apartments. STATUS: Only 15 percent of its units had reportedly gone to contract by October, when the advertising campaign was scaled back. In December, the project was reported in default on its $28.3 million acquisition loan, and in March, the sales office closed. Wilbur Gonzalez of Brown Harris Stevens admits that construction has halted. 28/04/09
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