In the News: H&M Might Open an Outlet Store at 4 World Trade Center

71-73 Franklin••• The Landmarks Preservation Commission approved a penthouse level and new storefront at 71-73 Franklin, the building recently in the news because the owner wants to sell it as a megamansion. The backup plan, as presented to the LPC: “There will be six units, plus ground floor retail.” —New York YIMBY

••• The New York Post says H&M “may be taking the second floor in the base of 4 World Trade Center […] directly across Church Street from Century 21.” The store would be an outlet; what does that even mean with a brand like H&M?

••• Le District update: “The garden district, which will carry prepared foods and groceries will open in about 10 days.” —Eater

••• The Broadsheet chats with Institute of Culinary Education president Rick Smillow.

••• The accumulation of air rights means a new building at 42 Trinity Place, where the Syms department store was, will likely be taller than previously thought. “Plans have the building rising 80 stories and 1,015 feet, though another tipster notes the tower could go even higher. The air rights’ assemblage is larger than any other predominantly residential supertall in the works except for 217 West 57th Street, and the site could easily support a configuration that results in a significantly taller final height. Per Studio C head Wilson Chao, the images are currently still in the study stage, and this version of the project may not move forward. Preliminary plans call for a two-story retail space, topped by three floors for the Department of Education, followed by a hotel spanning floors 7 through 38. Above, the building will be entirely residential.” —New York YIMBY