File photograph of pedestrians passing the boarded up 74 Grand Street in SoHo that John Dunne is seeking to develop. Photograph: Michael Nagle

The son and wife of bankrupt developer Sean Dunne have altered plans for a proposed development in New York, forcing their company to seek renewed permission from the Landmarks Preservation Commission that oversees building work in the citys historic areas.

TJD 21, the company owned by Mr Dunnes wife Gayle Killilea Dunne and his son John Dunne, submitted revised plans for the proposed development at 74 Grand Street in the fashionable Soho area in Manhattan last month.

The plans involve moving the entrance, stairwell and lift in the five-storey apartment development to the other side of the building.

The internal changes require approval from the commission, because the building is in Sohos protected historic area, before the citys planners can grant the green light, paving the way for construction to begin.

John Dunne included a letter in revised plans filed by his companys planners and engineers last month.

They said that the change was due to the stability of foundation walls on the next-door building.

Sean Dunne, who filed for bankruptcy in the US last year with debts of $942 million (700 million), has said he is working as a paid adviser for the firm owned by Ms Killilea Dunne and her stepson.

The company has told New York planners that it expects to make a profit of $3 million on the $22 million development, selling the four apartments in the building for between $3.3 million and $7.7 million.

The project is the Dunnes largest development in the US since Mr Dunne and his wife moved there in 2010.

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Dunnes change plans for New York apartment building

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September 18, 2014 at 11:48 am by Mr HomeBuilder
Category: Apartment Building Construction