FAUX RESTAURANT COMING SOON
Vanity Fair has a story on Faux, the restaurant that George McNally, Keith’s son, is opening on Church and White. From Vanity Fair: “He has a vision: an all-day restaurant serving food that’s South of France–ish, like the kind you’d get on a perfect day in Saint-Tropez but not pretentious or too expensive. And it stays open late. ‘It’s impossible to get food anywhere after 11, midnight,’ he laments of the city that supposedly doesn’t sleep. Downstairs he’s building a lounge where guests can linger.”

ANOTHER NEW DEVELOPMENT FOR CANAL?
I will circle back to this myself, but in the meantime, Crain’s has a story on yet another potential new corner for Canal Street, this one at Lafayette. From Crain’s: “A century-old, 2-story retail building in SoHo could be demolished to make way for a 20-story affordable housing project. The real estate firm Alembic Community Development, in partnership with nonprofit group the Children’s Village, is seeking approval from the city’s Landmarks Preservation Commission to raze the existing building at 257 Canal St. and construct in its place a fully and permanently affordable development. A commission hearing on the proposed demolition and construction work took place on Aug. 4.”

NEIGHBORS vs. MAXWELL SOCIAL CLUB
I will read this case online, but in the meantime, The Post reports that Maxwell Social Club on Washington has filed a lawsuit claiming that neighbors have lodged complaints against the establishment for years, costing them millions to defend themselves. The Post also reports that Reese Witherspoon, Brooklyn Beckham, David Letterman, Blake Lively and Julia Fox have been there — though not sure if they are members or not…

POTENTIAL FORECLOSURE AT 71 READE/87 CHAMBERS
Crain’s reports that a suit has been filed claiming that the developers of 71 Reade / 87 Chambers (CityMD) have stopped making payments on a decade-old loan for the retail units. Wilmington Trust might foreclose on the two units… A pair of luxury Manhattan developers stand accused of defaulting on a nearly $8 million loan backed by a pair of Tribeca storefronts.