Vornado, Stellar reveal plans for Independence Plaza expansion

Vornado Realty Trust and Stellar Management are finally ready to expand Independence Plaza. A joint venture between the two developers filed plans for a 72-story, 976-unit building in the vicinity of 310 Greenwich Street in Tribeca, the Commercial Observer reported. The complex already includes 1,328 units across three buildings, 40 percent of which are rent-regulated or affordable. The development was revealed last year, but was short on details and the plans appeared to be held up as the City of Yes legislation made its way through the city. One of the most significant takeaways from the New York City Department […] This article originally appeared on The Real Deal. Click here to read the full story.