NY Developer Plans MF Property Next to '50 Shades' Building

Douglaston Development of NYC is proposing a 50-story hotel and residential tower at Fifth Avenue and Virginia Street, the Puget Sound Business Journal reports. That's the current site of the Icon Grill and next to Escala (pictured), which is known worldwide these days as the setting for the book Fifty Shades of Grey (and soon to be even better known for it, since the building is the setting for the movie, too). The new building would have 360 residential units and 155 hotel rooms.

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