I have yet to confirm on Acris, but the developer clearly has acquired 118 Madison. It’s shown with a new facade on the rendering at the site, and the filthy bodega that occupied the ground floor is gone.
Work also is occurring at the site today, Aug. 2nd. The new design with the flat roof is not as good as the prior design, but que sera; it’s better than the junk that was there before.
I assume they got approval to start work from dob? They must have sorted out the issues with the courtyard space quickly. Or maybe they can still do this sort of excavation prep while they sort out these issues?
The developer owns the little brown POS just south of the little brown POS that houses “Tasty.” I speculate that they seek to acquire the “Tasty” and Bella Napoli buildings.
A lot of action is going on at this site. One of two piling machines is gone. Cement trucks are coming in daily and there is rebar on site. The foundation is probably starting.