BY LAUREN ELKIES SCHRAM 10/10 12:00PM
A 10-story parking garage at 56 Fulton Street was permanently closed after Labor Day and the owner is seeking a demolition permit to tear it down.
Steven Brauser, who filed for the permit application with the Department of Buildings, has partnered with Socius Development Group to erect an 130,000-square-foot rental building at 56 Fulton Street, at the corner of Cliff Street. The 23-story, 120-unit building will be called Exhibit, Scott L. Aaron, a principal at Socius, told Commercial Observer.
Mr. Aaron is hoping to begin demolition at the site at the beginning of next month and complete the project by the end of 2016.