940 Fulton Auctioned Yesterday
We were perusing the foreclosure list on Property Shark when we noticed that 940 Fulton Street at St.James Place was up for auction yesterday. Why should anyone care? Well, the 9,100-square-foot building is on the crucial stretch of Fulton that many people are hoping will improve in terms of both retail and residential in the…
We were perusing the foreclosure list on Property Shark when we noticed that 940 Fulton Street at St.James Place was up for auction yesterday. Why should anyone care? Well, the 9,100-square-foot building is on the crucial stretch of Fulton that many people are hoping will improve in terms of both retail and residential in the next few years. We hope the building fell into the hands of someone who will do something nice with it. LaSalle Bank had a lien of $673,890 on the property. Anyone know what it went for?
940 Fulton Street Foreclosure [Property Shark] GMAP
yes the building was sold i was told a comglomarate bought it.
I think the next door building (398) is working on Condo and retail. Any info anyone?
Sylvia, thanks for the tip. Now at least I know that I won’t have to wear dirty clothes in the afterlife.
i’m pretty sure they’re still open actually.
Bubblemania was a decent launderer. Especially for $.60/pound. But they’ve been closed for a few months now.
side story: when we moved in around the corner from there, bubblemania was the only laundromat around. then a big fancy spankin’ new CleanRite appeared across the street with big “Coming Soon!” signs. apparently the owners of bubblemania weren’t too pleased, and they hired a half-a-dozen derelicts to stage a “protest” against the CleanRite. for almost a week, every day, a handful of very sorry-looking protesters picketed the sidewalk and held up handmade signs that said things like “No to CleanRite in the community!”, “CleanRite = communists” and (my favorite) “CleanRite open in HELL”.
my husband and i kicked ourselves later that we hadn’t had the presence of mind to take pictures.
warrior, not necessarily. file under: bird in the hand, etc. sometimes the “better deals” drag on and on (and on…)
It’s not subterfuge. The owner gets approached by someone who tracks them down once they realize that the city or a lender is foreclosing on the owners property. Then the purchaser tries to make the owner a good offer in hopes that the owner will take the offer rather than take chances with the foreclosure sale.
insider deals suck. wouldnt they make more money when they let everyone on into these deals. where they get the best offer.