Glasgow, Scotland – A new apartment construction in the New York area has been completely demolished, leaving behind an empty parking lot and a long-abandoned warehouse.
Glasgow’s new eight-storey apartment building, a mixed-use development with shops and restaurants, is one of a number of developments being constructed in the city of 20 million people in New York’s suburbs.
The new complex, called The Westin, was planned to be the largest apartment complex in the United States.
However, the development was pushed back by the end of the decade due to a massive financial collapse, with construction halted after a $300 million loan from Goldman Sachs was defaulted in 2007.
The building was to have included 200 residential units and a hotel.
But in 2010, a federal judge ruled the project should not be completed because of the collapse of Lehman Brothers and the economic recession.
The decision caused widespread protests in Glasgow, where many residents were left without homes, and the building has since been left empty and a parking lot has been left on the site.
It is the latest development in a long line of redevelopment that has taken place in the borough.
The Glasgow Development Corporation (GDC) has also had a number and buildings constructed in and around the city.
The current owners of the site, a private developer called TLC Partners, have a long history in Glasgow.
They are the same company that bought the former Tod’s restaurant and other buildings in the area in the 1990s, as well as the new apartments and hotels in the development.
However there have been some controversies around the purchase and sale of properties in Glasgow’s west end.
In 2012, the developer was criticised after it sold off several properties in the town, including the former Ritz-Carlton and the former Soho Hotel.
The developer was also criticised in 2014 for the demolition of a former hospital in the west end, with a large number of patients being transferred to other hospitals.
The former hospital has since opened to the public, but is closed off from the rest of the area due to construction work.GDC has also said the developer has “done nothing to improve the quality of life” of the surrounding community.
The company said the demolition was due to the financial collapse of the building.
“It is clear the city needs a strong, strong development in the core of Glasgow and the construction of The Westins apartments and hotel will be the most positive step that will create a strong local economy for generations to come,” it said in a statement.