ABS investment group buys Diamond District building.ABS Partners Real Estate, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control announced the acquisition of the Rockefeller Center Rockefeller Center, complex of buildings in central Manhattan, New York City, between 48th and 51st streets and Fifth Ave. and the Ave. of the Americas (Sixth Ave.). The project was sponsored by John D. Rockefeller, Jr. and Jewelry District The Jewelry District is used to refer to:
A partnership of investors put together by the ABS principals, Gregg Schenker, Steve Hornstock, Peter Burack and Earle Altman have taken title to 2-8 West 47th Street, an 80,000 s/f, 12-story, 3-elevator office building in the heart of New York's famed Diamond District. Gregg Schenker indicated that a modernization is contemplated for the large 86 foot store front national jewelry exchange which is located 100 feet off of Fifth Avenue, in order to restore it to its former prominence as one of the leading jewelry exchanges in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Ninety percent of the diamonds brought into the United States are handled through 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 City's Diamond District. The partnership plans an overall upgrading of the property including steam cleaning the exterior facade, improving the lobby and entrance, as well as upgrading the elevators, elevator cabs, upper floor hallways and bathrooms. The operating general manager of the property will be Keith Lipstein, a third generation real estate professional who has recently joined the ABS team. ABS Partners currently owns or manages a total portfolio of commercial and residential buildings approximately 5.5 million square feet all held as long term assets. Lawrence B. Simon, Esq. of Morrison & 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. acted as attorney for the purchaser. Steven Hornstock was broker in the sale of this building, held since November 17, 1977 by the seller. |
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