Ten years ago Colonnade Group developers unveiled plans for their site at 75 First Avenue in the East Village. In 2014 HTO Architects revealed a rendering of the eight-story building, but all has been quiet since, until now.
Developing property in Manhattan is anything but a straightforward process. Miles of red tape, financial issues, protests from neighbors and construction delays are par for the course, and setbacks are simply a part of the ordeal. Still, some buildings do seem to take an inordinate amount of time to come to fruition. Here are three properties hitting the market this spring that we have been waiting for with great anticipation.