Recent Developments
In 2000, plans were developed for a gut renovation of the entire structure. It included converting all floors above the 11th into 210 rental apartments, at a cost of over $30 million. All floors below the 11th were to remain commercial. By 2002 initial renovations and residential conversions were completed. Currently, floors 2 through 8 are partially occupied by J&R Music World, Inc. Residential units currently occupy floors 11 to 26, with new units being constructed on floors 9 and 10. The pair of apartments that might be formed by two three-story cupolas on floors 28 through 30 have not been renovated.
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Famous quotes containing the word developments:
“The developments in the North were those loosely embraced in the term modernization and included urbanization, industrialization, and mechanization. While those changes went forward apace, the antebellum South changed comparatively little, clinging to its rural, agricultural, labor-intensive economy and its traditional folk culture.”
—C. Vann Woodward (b. 1908)
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