Condo plans for W14th building.Cornerstone Property Group, Inc. announced the all cash sale of 245-47 West 14th Street, a few blocks from the heart of the Meatpacking meatpacking or meat-processing, wholesale business of buying and slaughtering animals and then processing and distributing their carcasses to retailers. The livestock industry is among the largest in the world. District. Millennium 14th Street LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control acquired the three-story commercial building from Melissa & James Realty Inc. for $12,750,000, or $425 per buildable build·a·ble adj. Suitable or available for building: "The problem was finding a site that was well located, appropriately zoned . . . and buildable" Sam Hall Kaplan. foot. The acquisition also included 30,000 s/f of air development rights. Millennium worked with ownership to buy out the tenants and vacate To annul, set aside, or render void; to surrender possession or occupancy. The term vacate has two common usages in the law. With respect to real property, to vacate the premises means to give up possession of the property and leave the area totally devoid of contents. the building during the contract period. The building was home to Tequila's Bar & Grill and McKenna's Pub on the ground floor. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Edmond Levy, principal at Cornerstone Property, Millennium plans to demolish the building and replace it with a luxury mixed-use condominium development. The new building could fall between nine and 11 stories (existing zoning has a 120-foot height restriction). Preliminary plans call for 25 residential units, with retail space on the first floor. The site offers 50 feet of frontage. Retail tenants have not yet been named, but Levy expects a groundbreaking to begin later this fall. Levy represented both the buyer and seller. |
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