The lot is fenced off and excavation is taking place for a new residential building on the site:
http://www.therealdeal.net/issues/SE...1125432522.php
https://www.nypost.com/realestate/comm/50846.htm
NY POST
July 27, 2005
SAY goodbye to good buys.
One of the last remaining Sixth Ave. flea market sites at 55 W. 25th St. will soon fold up its tables so a $205 million 36-story rental can rise in its place.
To create the project on the east side of the Flower District avenue, attorney
Alan N. Locker has teamed up with city development and ownership pros Rose Associates.
According to public records, the 407-unit building would reserve 20 percent — or 82 units — for those with low incomes.
Of those, 14 units will go to those with even lower incomes.
The project, still in its formative stages, would also include a parking garage and about 34,000 feet of commercial/retail space.
Adam Rose declined to comment and noted that the project is still in its early stages.
"You're about a year too early," he said. Locker declined comment, too.
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