Revised Design for 312-322 Canal Street courtesy of Paul A. Castrucci Architects
For Trans World Equities and Paul A. Castrucci Architects, the third time is truly the charm. Nearly seven years after they first proposed a plan to replace a row of five buildings at 312-322 Canal Street with a residential building, the Landmarks Preservation Commission officially approved on Tuesday the duo’s revised design. The updated plan reduces the height of the building from nine to seven stories and mutes the color of the facade from a bright-red brick to terracotta. During the developer’s third presentation for LPC, the commissioners said the building’s rhythm and height will now fit better with the district, according to CityRealty.