Manufacturing and office use found infeasible on triangular-shaped lot adjacent to Holland Tunnel. The owner of 500 Canal Street, Greenwich Triangle NU, sought a variance to build a 49,060 squarefoot, eight-story residential building with ground floor retail in a Tribeca manufacturing zoning district. The 8,000 square-foot, triangular-shaped lot fronts Canal, Greenwich and Watt Streets directly adjacent to the Holland Tunnel. The site is partially developed with abandoned one and three-story buildings.

The owner argued that … <Read More>