Quote:
Originally Posted by adamuptownsj
Someone bought the muffler shop in June for $415,000, then someone, presumably the same person, bought the 4-unit and two vacant lots to its north on Atlantic for $500,000 this January.
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I just double checked on the SNB online assessment site and, between the city owned sliver of land along Vaughan Harvey (which now has an RFP out by the city), the recently demolished muffler shop, and the three nearby adjacent (recently sold) properties on the east side of Atlantic Avenue, it would appear that all this land is being assembled for redevelopment:
This is a significant amount of land, certainly enough for a decent sized tower. There are some rumours already that an apartment complex is planned for this corner. Given the apparent size of this possible development, and the prominent location, I dearly hope that something more than a low rise generic project is planned..........