Friday, July 15, 2016
Change of Brokers at 413 20th or, Artists, You're Just Not Creative Any More
Last fall the parcel of properties at 413-21 20th Street was put on the market for $4.5 M, with Terra CRG handling the sale, and now, ten months later, Cushman & Wakefield are marketing the property at the reduced price of $3.95 M.
413-421 20th Street is a vacant, 15,071 SF industrial warehouse located on the north side of 20th Street between 7th and 8th Avenues. The subject is ideal as-is for manufacturing/warehouse space, and has the potential to be converted into office, restaurant, art or creative space.
Yes, that ubiquitous "creative" again, but here with a two-letter word it's been removed from any connection with art at all. These days "creative" is more commonly applied to a profitable start-up business model than a painter, a musician or a poet. It got took.