The city is reviewing plans for a 27-story hotel and condominium tower
designed by architect Peter Poon to be built at 50 Bowery in Chinatown
across from the entrance to the Manhattan Bridge. The owner, Alexander Chu and his Bowery Holding, filed plans June 29
for the parcel that extends from Bowery through to Elizabeth Street,
just south of Canal Street, the Department of Buildings Web site shows.
Chu, son of well-known Chinatown landlord Joseph Chu, is chairman of Eastbank NA, a local bank based at 183 Centre Street. Peter Poon Architects has designed several projects in New York City, including 52 Watts and 86-100 Canal Street. [more]