502 Canal Street[/caption]
A wall of a nearly 200-year-old Ponte Equities building at 502 Canal Street collapsed Wednesday afternoon, DNAinfo reported. The three-story building had long been the scourge of the area, with neighbors and government agencies repeatedly complaining that it was in a state of disrepair. No injuries were reported in the incident, authorities said. The landmarked building has been vacant for years, and in 2010 the Landmarks Preservation Commission found that the building’s facade was in danger of collapsing, in response to which Ponte Equities agreed to make immediate repairs. But in 2012, the company was charged with a violation for failing to maintain the building’s defective brickwork, according to Department of Buildings records…. [more]













