As The Lo-Down, Bowery Boogie, The Real Deal, and Crain’s have already reported, only 690 out of the 1,227 participants in Tuesday’s vote said yes, which is 128 short what was needed for the deal to pass.

It will be interesting to see if the developers conclude that there is no way to get a deal passed, or whether they’ll do more market research to see if there are changes to their plans (perhaps scaling them down a little?) that might turn around 128+ votes if the developers and Board go back to the negotiating table.  Given that the vote fell considerably short of the needed two-thirds, however, the developers may conclude that we will never approve any deal and simply move forward with their as-of-right construction plan (whatever it might be).