Costas Kondylis is the architect.
The building will have a low-rise base on Greenwich street with a setback tower with pierrs that extend slightly above the top on three facades.
It will have about 100 apartments.
The site was acquired last year by an investor group led by Hosea Deitsch and Edgar Bronfman for $20 million from YL Real Estate Developers, which reportedly will retain a small interest in the project.
Mr. Deitsch is managing member of the Cooper Group 1 LLC, which is part of Greenwich Street Project LLC, which is developing the site.
The site is to the south of O'Hara's Bar on Cedar Street and it is near the Deutsche Bank building that is being demolished because of damage sustained in the September 11, 2001 terrorist attacks on Lower Manhattan.
The Department of Environment Protection earlier this year revoked a demolition permit for the site because of concerns over possible toxic hazards, but after studies the work was resumed and demolition has been completed.
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