Saturday, December 22, 2007

Lafayette St. mixed-use building sells

A six-story mixed-use building on the Soho-Little Italy border and near the Mondrian Hotel closed for $21 million yesterday. The new owners are planning on gutting the century-old building at 167-177 Lafayette Street and Grand Street. Eastern Consolidated, which represented the seller, said in a marketing document that the building has several unauthorized subletters because tenants were "subleasing space at will, likely at a substantial profit." No leases at the building extend beyond 2009. One former tenant was evicted by the city because it allegedly manufactured illegal handbags on-site.

Real Estate Designers offers totally innovative solutions for your software development, Internet programming, real estate web design and hosting needs. Our service includes domain name registration and real estate web design. Real Estate Designers provides the complete solution including design, application development and marketing.



source: therealdeal.net

No comments: