In the News: Giant Golden Sex Toy

••• “Home Alone Gallery on Franklin Street, a new project space curated by the artists Nate Lowman, Hanna Liden and Leo Fitzpatrick […] exists solely as a storefront window [….] Paul McCarthy’s ‘Brancusi Tree,’ a golden oversize sex toy, is currently on view at Home Alone Gallery until early August and the trio plans to curate new shows about once a month.” It’s at 54 Franklin, east of Broadway—and I guess this means Near and Far Food Company isn’t happening there. P.S. Sorry about the blurry photo. I’ve had to use my phone as a camera all week, and I’m not used to it. —T Magazine

••• “The long-stalled development at 5 Franklin Place in Tribeca is in contract to sell to Elad Properties, Elad confirmed to The Real Deal today. [….] The seller, Fishman Holdings, had planned a 19-story, 58-unit condominium, after successfully bidding for the property at a September 2011 foreclosure auction. Construction has not begun, despite Fishman’s statement last year that it would start in the first quarter of this year. Foundations have been laid, however, according to an Elad spokesperson, who added that the firm, best-known for the controversial condo conversion of the Plaza Hotel, had redesigned the building slightly. […] Sales are expected to launch in January of 2013.”

••• “The Battery Park City Library closed for two days to add a taller glass wall around the balcony.” —DNAinfo

••• “Chase Manhattan Plaza will remain closed until the spring, while JPMorgan Chase does a major waterproofing project, bank officials told angry residents Thursday night.” —DNAinfo

••• “News from Stone Street: “Urban Lobster Shack Bites The Dust, Taking Its Cheap Rolls With It.” —Downtown Lunch

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