Anthony Marano, the developer at 75 First Avenue, sent us an email following our update on the site the other day. (Read that post here.)
He said that this rendering shows the building that the city approved before the zoning changed in November 2008. It's a little different than what we saw before.
Marano said that they have re-structured the financing and are working on plans to proceed with a shorter building — roughly 80 feet shorter. So perhaps something like the above but not as tall.
As for rentals or condos, he said, "We are trying to do rentals, but it will be subject to the final offers we get for financing."