There’s been no activity over the past few weeks at 42-60 Crescent Street, which led us to poke around the Department of Buildings permit bin to find out why. Turns out, there was a stop work order issued on the site “DUE TO CONTRACTOR WITHDRAWAL.”1 There are three stop work orders in the bin, and an inspection was done as recently as Friday. On site signage calls for a fall 2015 delivery date, but that may not be possible given the most recent incident.
Still, that hasn’t stopped sales from moving forward, with 2B2BA apartments listed at well over $1,100 per square foot on TheFactoryHouse.com. According to the DOB permit, when all is said and done, there will be 44,006 square feet of residential space with 2,309 square feet of ground floor commercial space.2