Bluestone Group, Altmark Capital, and Princeton Holdings have acquired, for $14.1 million, the six-story, 84,650-square-foot industrial building at 780 East 135th Street, in Port Morris, located five blocks from the Cypress Avenue stop on the 6 train. The previous owner was using the building as a storage facility, although the property is being delivered vacant. The new owners are considering converting it into creative office space or artists’ lofts, according to Commercial Observer. The exact plans for the structure have not yet been finalized or official disclosed.
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Ancient but new paint can change this building, also cover the outside with blue glass.
Yeah – no reason that building shouldn’t be put to good use. For the money they are paying it should be obvious they are planning to gut renovate and re-use. According to Commercial Observer – they want to target “creative industries”. More patrons for Bronx Brewery and Tirado / Port Morris distilleries..