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Rare chance to invest in Diamond District.


Massey Mas·sey   , (Charles) Vincent 1887-1967.

Canadian politician who served as high commissioner for Canada in Great Britain (1935-1946) and as governor-general (1952-1959).
 Knakal Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Services has been exclusively retained to sell a 16-story commercial building at 29-31 West 47th Street in Manhattan's "Diamond District."

The property is located on the north side of West 47th Street between Fifth Avenue and Avenue of the Americas. It consists of approximately 57,851 s/f, including 74 commercial units--65 offices and nine retail stores, all jewelry-related. Of the 65 offices, six are vacant. The building also includes two automatic passenger elevators and a third passenger/ freight elevator elevator, in machinery
elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships,
.

"This offering represents a tremendous opportunity to acquire a presence in the "Diamond District," one of the most unique sub-markets in the world," said Massey Knakal chief executive officer John Ciraulo, who noted that over 90% of the diamonds in the U.S. come through 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.
.

"The property is a rare and solid investment in a one-of-a-kind location."
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Title Annotation:Massey Knakal Realty Services Inc. selling a commercial building
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:Mar 8, 2006
Words:143
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