The developers of 106 Leonard can now add another unit to their plans, according to a ruling from the New York State Court of Appeals. Although two lower courts had ruled that Elad Group and Peebles Corporation could not convert the building’s historic clock tower into a luxury penthouse, the state’s highest court overturned those decisions with a 4-2 majority late last week, Curbed reported. “We’re exceptionally disappointed especially after having prevailed in the lower […]
source https://therealdeal.com/2019/04/02/elad-groups-tribeca-clock-tower-may-be-converted-into-penthouse-appeals-court-rules/
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