Quote:
Originally Posted by Nickapedia
Greg LaRose from City Biz posted on twitter today that developers are proposing a $120 million 21-story hotel development at 400 Canal street. 400 Canal is the Sanlin building. LaRose said more details to follow.
I would say this probably means the demolition of the Salin building but overall I think this would be a great development for Canal street. Hopefully, the developers have a good track record and have a strong hotel operator.
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Looks like the Sanlin Building will be left alone, the developers own the riverside of the block and the rendering appears to keep it intact. I'm very happy about this project!! I just hope the height-nazi crowd doesn't make an appearance saying the airspace is too historic to alter.