290 Mulberry Light Show Kaput
Last night, after four consecutive weeks entertaining the neighborhood, the colorful nighttime light show at 290 Mulberry went dark. Kaput. Oh well, it was a novel idea while it lasted.
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But that’s the least of their problems. As Curbed reported last week, the SHoP Architects development is in trouble. None of the nine apartment are currently under contract. Plus, its lender, CIT Group, is now attempting to foreclose on the property and force a sale. All this in the shadow of recent news that CIT itself filed for Bankruptcy protection. Yes, it’s all a confusing mess.