History
The design for 80 South Street was first released to the public in 2003. Santiago Calatrava has stated that he took the idea for the building from a sculpture he created in 1985. 80 South Street received approval for construction from the City of New York in February 2005; the site on which it was planned to be constructed is currently occupied by a six-story red brick building.
Although 80 South Street had been approved by the city, the project was later canceled in April 2008. The building did not sell any of its 10 multi-million dollar residential cubes; the developer of the project also listed the declining U.S. real estate market as a factor in its cancellation.
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