Tuesday, September 4, 2012

William Boyd Printing site sold for $1.3M - Business First of Columbus:

raisavydyexuwowi.blogspot.com
Ltd., an affiliate of Cos. in Cliftoj Park, closed on the $1.3 millionh purchase on June 3. Cass Hill intendas to convert theformer 1.3-acre industrial site at 39-49 Sheridan Ave. into an office/retail/residential project. The property is locatedd behindthe & Suites on Chapel Street, near the heart of the city’s entertainmen district. Tony Sabatino of representede the seller. Cass Hill was represented by Eileemn Lindbergof /Albany. Marc H. president of Cass Hill Developmentf Cos., couldn’t be reachexd for comment. Cass Hill owns several properties includinga 30,000-square-foot office building on Monroe Street across from the former printing plant.
Boyd Printinvg filed for Chapter 11 bankruptcy protectio n inSeptember 2005. A federal bankruptcgy judge in March 2008 approved the sale of the buildingxs to help satisfythe company’s debts. Some of the company’x assets were purchased by Carl an officer atBoyd Printing, who openef a separate corporation, Inc., in Colonie. Previous dealsx for the Sheridan Avenue property fizzled before Cass Hill signed a purchase contracflast year.

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