Pictured above is a model of the planned condominium complex scheduled to be erected on an abandoned triangular lot at 500 Canal St. Property owner Fabian Friedland and architect Shael Shapiro won over Tribeca residents in June after scaling back the building height from 111 to 98 feet, and reducing the setback from 85 to 75 feet. The building, located at the intersection of Greenwich and Canal Sts. is expected to include ground floor retail space, with 19 to 21 units in the floors above. The project is expected to take approximately 18 months, although a start date has not been set.
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