1370 Broadway sold in garment district.1370 Broadway, one of the garment center's most distinguished showroom buildings, was sold to a New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of investment group for $21 million. Ron Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. and Richard Baxter This article is about the clergyman. For the jurist, see Richard Baxter (jurist).) Richard Baxter (November 12, 1615 - December 8, 1691) was an English Puritan church leader, theologian and controversialist, called by Dean Stanley "the chief of English Protestant Schoolmen". , managing directors of ESG's Investment Sales division, acted as sole brokers in the transaction which closed in just six weeks. The 16-story, 246,000-square-foot building, located on the southeast corner of 37th Street, was purchased in 1988 by the Dabbah family for $45 million. It was sold directly out of bankruptcy court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. for less than half the 1988 purchase price. Substantial improvements have already been made at the building, including the installation of all new mechanical systems. Among its high-profile tenants are Esprit, Gitano and Rosenthal & Rosenthal. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion