NEW YORK CITY-Michael Halkias, the proprietor of Grand Prospect Hall, is holding on to his proposed plan to construct an 11-story hotel on Prospect Avenue, in spite of opposition from more than 200 residents. Residents have inked an online petition urging Halkias to reduce the height of his 110-foot building plan.
The hotel will come up on Prospect Ave. between 15th and 16th streets, and will contain 400 parking spaces.For the full story, go to Crain's New York Business.
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