Columbia Closes on Warehouse in Expansion Footprint for $14.8 M.
Columbia has paid $14.8 million for a warehouse in the footprint of its planned West Harlem expansion, closing on a deal from 2007 with the owners of Despatch Moving & Storage, according to property records. The sale price equates to about $235 per square foot, based on figures from the real estate tracking service PropertyShark, which puts the size of the building at 62,200 square feet.
The 10-story warehouse at 3247 Broadway was owned by Peter Zuhusky, brother of the longtime holdout Anne Whitman, who agreed to sell her property to Columbia earlier this year. That leaves two private landowners remaining: Nick Sprayregen, who owns multiple storage buildings, and Gurnam Singh, who owns two gas stations.
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these hold-outs just want to raise their price, as if it isn't high enough...
i have no problem with eminent domain under these circumstances
do u not realize that this eminent domain would have been used for PRIVATE purposes for a PRIVATE company, I believe that eminent domain is illegal unless solely for the public and also believe you (morningsider) are retarded/work for columbia