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Borough President Rejects Hotel/Condo Project

 
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NY Bits » News » Affordable Housing in NYC » Borough President Rejects Hotel/Condo Project
Posted04/Aug/2007 17:30:00
AuthorGromco

Downtown Express reports that Manhattan Borough President Scott Stringer rejected Time Equities' massive hotel and condo project proposal for 50 West St - officially, due to lack of any "substantial investment in affordable housing". The rejection is only advisory, but it is expected to have an impact on the pending City Council approval which would be necessary for the project to proceed.

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