Glassy New Retail-Condo in the Works Downtown

The plan to bring a 600,000-square-foot development to Fulton Street is apparently moving forward. In recent weeks, developer United American Land has filed air rights agreements in city records for the block bounded by Fulton, Duffield, Willoughby and Bridge streets. The firm, headed by Al Laboz, co-chairman of the Fulton Mall Improvement Association, intends to attract a national retailer to the building, have luxury condos on top floors, and preserve the landmark 505 Fulton Street as part of the project. The above rendering for the property appears on United American’s website, but the company’s principals would not comment on the development. UA’s plan has stirred controversy because United American has been giving longtime businesses the boot in order to make way for the project. GMAP
Rendering from United American Land’s website.
Feb 09, 2012 | 11:02 AM