Former Astor Place Starbucks heads for foreclosure
One of the East Village’s most recognizable storefronts will see new ownership, and potentially a new tenant. The commercial condo that once housed the Astor Place Starbucks is headed to foreclosure. The condo’s lender won summary judgment in New York Supreme Court last week. The building was owned by an entity associated with Isaac and Edward Gindi. At the same time, the servicer on the loan is negotiating a lease agreement with a new prospective tenant, according to Morningstar Credit. That means the retail space at 21 Astor Place, facing the “Cube” statue, could be occupied for the first time […]
This article originally appeared on The Real Deal. Click here to read the full story.
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