The boards and sidewalk shed are are down at 35 Cooper Square. Thanks to Goggla for the photo and intel. Per Goggla: "Behold the beautiful whitewashed vacant lot at 35 Cooper Square."
She notes that a friendly worker told her that new construction is not set to happen until next year.
Meanwhile, a shot that I took two nights ago... see how that historic building has just faded into the ugly hotel now...