Former Borders Uptown Site is Sold
Here is an excerpt fron the Sun-Times article:
The former Goldblatt’s department store in Uptown — vacant since the Borders bookstore moved out last year — has a new owner. Joshua Mintzer, head of Saxony Capital LLC, said he closed on the elegant old building and adjoining real estate in the 4700 block of North Broadway earlier this month, paying $3 million to the previous owner, Cole Taylor Bank.
Mintzer, who said he typically buys “‘C’ buildings in ‘A’ locations,” said he was attracted — among other things — by the building’s location to a host of music venues, including the Green Mill, The Riviera Theatre and the Aragon Ballroom — and Mayor Rahm Emanuel’s talk about possibly turning the area into an “Entertainment District.”
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