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Old Posted Oct 30, 2010, 5:48 AM
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NYguy NYguy is offline
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Join Date: Jul 2001
Location: Borough of Jersey
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When the project moves toward the 7 month approval process, we'll know if there is intent to move forward.

http://www.bloomberg.com/apps/news?p...d=aEhluAl9x35c

Quote:
It has yet to enter the city’s months-long special-review process, according to an Elad spokesman, nor has Elad attempted to secure financing. Watching a plunging market and fending off lawsuits filed by disgruntled Plaza buyers, the developer may choose to wait years.
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