Check NY department of buildings webpage. Structural plans and plans for 7 story building disapproved as of Dec 26th. Some permit for sprinkler system was granted. Meanwhile, there are 8 complaints noted on the webpage and one active violation. Building in NYC is no smooth ride, so don't expect presales for this building all too soon. XIN has to be traded according to the value of its business in China, and that won't happen as long as other Chinese builders and the SSE are trading down.