Sale of The Factory
On 20 December 2007, New York real estate blog Curbed, exclusively broke the story that the factory has been listed for sale for $25,000,000. The Streit’s family cited noise complaints, congested streets, and their desire to modernize its equipment, as the reasons for their eventual move. Its realtor, Massey Knakel Realty Services, commented “the building will most likely be torn down and converted into luxury condominiums.”
An offer has been made on the property, above the $25,000,000 asking price, although it is yet to be finalized. The Streit’s family said they will probably move the factory to New Jersey, where they already have a warehouse in Moonachie.
The sale appears to have been canceled or postponed, due to real estate market downturns.
Read more about this topic: Streit's
Famous quotes containing the words sale of the, sale of, sale and/or factory:
“[T]he dignity of parliament it seems can brook no opposition to it’s power. Strange that a set of men who have made sale of their virtue to the minister should yet talk of retaining dignity!”
—Thomas Jefferson (1743–1826)
“I hate this shallow Americanism which hopes to get rich by credit, to get knowledge by raps on midnight tables, to learn the economy of the mind by phrenology, or skill without study, or mastery without apprenticeship, or the sale of goods through pretending that they sell, or power through making believe you are powerful, or through a packed jury or caucus, bribery and “repeating” votes, or wealth by fraud.”
—Ralph Waldo Emerson (1803–1882)
“I hate this shallow Americanism which hopes to get rich by credit, to get knowledge by raps on midnight tables, to learn the economy of the mind by phrenology, or skill without study, or mastery without apprenticeship, or the sale of goods through pretending that they sell, or power through making believe you are powerful, or through a packed jury or caucus, bribery and “repeating” votes, or wealth by fraud.”
—Ralph Waldo Emerson (1803–1882)
“I am not a suffragist, nor do I believe in “careers” for women, especially a “career” in factory and mill where most working women have their “careers.” A great responsibility rests upon woman—the training of children. This is her most beautiful task.”
—Mother Jones (1830–1930)