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Itzhaki tapped for Alphabet City spot.


A development site with 7,623 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. 
 square feet, which now contains a one-story 1,716 s/f retail building to be delivered vacant with air rights, is on the market for sale through Itzhaki Properties.

Itzhaki's Bart Noun 1. Bart - a member of the British order of honor; ranks below a baron but above a knight; "since he was a baronet he had to be addressed as Sir Henry Jones, Bart."
baronet

aristocrat, blue blood, patrician - a member of the aristocracy
 Zimmermann, Senior Vice President, is spearheading the marketing initiative on behalf of the seller, 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
 City-based private investment/management company.

"Acquiring this property on Avenue D, with the potential of building a community facility and commercial space on the ground floor and residential above, is an excellent opportunity to gain a foothold foot·hold  
n.
1. A place providing support for the foot in climbing or standing.

2. A firm or secure position that provides a base for further advancement.


foothold
Noun

1.
 in a neighborhood that's on track to become one of the City's most sought-after new enclaves in the months and years ahead."

Condo sales in the immediate vicinity of 53 Avenue D, situated between East 4th and East 5th Streets, are averaging above $900 per square foot.
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Article Details
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Title Annotation:Itzhaki Properties Inc.
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 18, 2006
Words:139
Previous Article:Retail hotspot for sale/lease.
Next Article:Firm puts trust in W47th Street.(Real Estate Capital Partners)(Brief Article)
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