ARENA nabe is jumpin'! -- Daily News

Subject: ARENA nabe is jumpin'! -- Daily News

The most glamorous Prospect Heights project to get going ahead of Ratner's is a tower that Meier has designed for Mario Procida — who made a name for himself by building affordable housing in the Bronx — and his partners, developer Louis Greco and Las Vegas mall maven Sheldon Gordon.<p></p>
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Procida told Your Money that the glass building will be 15 stories, with 114 apartments. He had tried to get city permission to build 30 stories high.<p></p>
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He's just starting excavation at his 1 Eastern Parkway site. He expects construction to take 24 months.<p></p>
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Meier has generated a big buzz with a trio of luxury condo buildings on the West Village waterfront — along with lots of talk about leaky apartments. Procida vowed that 1 Prospect Park will not leak.<p></p>
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"We think the design kinks have been worked out," Procida said. "We tested our facade."<p></p>
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So will he get more than $1,000 per square foot for the condos, as bloggers are speculating — and put Prospect Heights prices in a whole new league?<p></p>
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"We will," Procida predicted.