The developer of a Soho office building is no longer requesting a zoning variance to build an 11-story structure at 330 West Broadway at Grand Street. The planned structure, which was criticized by Community Board 2 and the
Soho Alliance, would have been a 55 percent increase in bulk over what
is permitted by the current zoning. The property’s owner, John De Lorenzo and Bro Iron, is currently engaged in litigation with the developer, West Broadway 330 LLC, for allegedly failing to provide payments after agreeing to put down a $500,000 deposit. The developer has filed a counterclaim, charging that De Lorenzo violated the deal’s confidentiality agreement after news of the deal’s collapse became public.
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Landlord, developer dispute delays Soho building
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