Demolition permits were filed on June 11th.
http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01
With a minimum of 288k SF, I can't see how this isn't very tall. A 1,000' limestone tower could easily yield over $5k /SF, and upper floor units would get much more than that.
The crappy little Dance Studio to the south is the next to go, and the Black glass box owned by the crappy college can't last much longer either
Here's the crappy college building.