NEW YORK CITY-A local art gallery has filed suit to block a 25-story hotel and condominium project to be built on the lower East Side by Ian Schrager and Ruben Schron.
In a complaint filed earlier this month in New York State Supreme Court, the Westwater Gallery charged that the city’s Board of Standards and Appeals should have ordered an environmental review before approving the plan, according to a report in The Real Deal.
The proposed 146-unit mixed-use tower at 10 Stanton Street is designed to be built 289 feet high and contain 195,000 sf of space.
Schron of Cammeby’s International Group helped secure approval for the project from Community Board 3 in September when a deal was reached to extend affordable housing to residents until 2035.
Schrager was part of an investment group that paid $50 million to purchase the site in December, with plans for a 17-story hotel plus condos. The property will reportedly become a Public brand of boutique hotels, according to the newspaper report. Handels International is the designer of the property. See story in The Real Deal.