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Thursday, November 20, 2008 Mixed Use
Holliday Fenoglio Fowler's Evan Pariser, a managing director in the firm's New York office, arranged financing from i-Star Financial and the New York City Investment Fund. The Blauner family, who owned the building since the American Bank Note Company left in 1985, was the seller. The new owners, which also include a fund managed by DLJ Capital Partners, Inc., plan to redevelop the property as an office center for arts organizations, design firms and nonprofit and community groups. There will be space for retail as well. Built in 1911 for the American Bank Note Company, an engraving and printing firm, the T-shaped building sits at the corners of Lafayette Avenue and Tiffany Street and spans 400,000 square feet. Founded in 1997, Taconic Investment Partners is a real estate investment company. The firm engages in ownership and redevelopment of commercial and residential properties. It currently owns 111 Eighth Ave., the second largest office building in New York City. Denham and Wolf is a real estate consulting firm primarily representing arts and non-profit organizations. Address: Lafayette Ave. and Tiffany Street, Bronx, N.Y. Size: 400,000 square feet Built: 1911 Filed Under: Mixed Use E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us Comments on this article
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