strata condos going lux rental

the folks on skyscraperpage.com are saying that strata, the intracorp condo project at 10th and market in east village, has been sold to hanover. the lot is being demo'd this week, and the project will now be luxury apts instead of condos. the units will be larger, but the cool-looking exterior will remain the same. and the same forum has rumors of a potential cosmo square revival, but we'll wait and see on that one.