Columbia buys Nebraska Meat building
Columbia University has purchased a three-story, mixed-use retail and
office building at 2293 12th Avenue. The property, located at the
southeast corner of 12th Avenue and 131st Street, is in the footprint
of the school's controversial expansion plans. Columbia paid Nebraska
Meat Corp. $6.968 million for the building, according to public
records. It has 12,850 square feet of office space and 9,250 square
feet of ground-floor retail.
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Comments
Anonymous
What a joke - $7M for a 20,000 sq/ft building in the middle of nowhere - that place is worth $4M tops - Columbia is a bunch of pansies. They should declare ED on all of them and buy at a discount. Paying premiums like this just makes the hold outs richer than they otherwise would have been and proves that extortion still works in NYC.
Comment #1 Posted By: Anonymous 07/10/08
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