Posted by Leonard Steinberg on May 11, 2011

We have heard a rumor through the grapevine that Jamestown, who is seeking funding for the rather grotesque, monstrously scaled Chelsea Market Addition, may not be doing exactly as they say…. as part of the due diligence the lender supposedly asked if Jamestown planned to actually build this addition or just seek approvals and then sell the project…. Supposedly their response was that they want to sell project…..not exactly what they told the community board or are we mistaken?

Wow, this is really, really bad architecture! Or is it just me? YIKES