In October 2014, YIMBY reported on permits filed for a 16-story, 16-unit condominium building at 10 West 17th Street, in the Flatiron District, and then the LPC approved the plans the following December. Now Bhatia Development and Sherwood Equities have landed $48 million in financing from CIT, according to Commercial Observer. An existing three-story building must first be demolished, but construction is expected to begun early in 2016 for a mid-2017 completion. Beyer Blinder Belle is designing.
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