Thursday, November 4, 2010

Cooper 35 Asian Pub part of development deal on Cooper Square

After seeing yesterday's news on the sale of the empty lot on Cooper Square at Sixth Street for $8.5 million ... I wondered if this meant the end of 35 Cooper Square too — currently the home of Cooper 35 Asian Pub. (Read the history of 35 Cooper here.) The parcel of land in question is 35-39 Cooper Square. I asked Massey Knakal if the sale included the space that houses the bar, which is adjacent to the Cooper Square Hotel. A Massey Knakal spokesperson confirmed that it does.

Here are a few details from the news release on the sale (PDF):

We generated over 30 offers in under 45 days,” said First Vice President of Sales, Joe Sitt who exclusively handled this transaction with the assistance of Massey Knakal’s Special Asset Strategy Group. “The buyer is a known and respected developer who performed as expected on a two week T.O.E. close. It just goes to show there is always strong demand when locations are prime,” added Sitt.

[Photo via Massey Knakal]


kurtsy said...

NOOOO not asian pub. Anything but Asian Pub! Where will I go for a 4 dollar (3 dollar during happy hour), amazingly strong, perfect cocktail?!

Did someone order a "Dark and Stormy," this is borderline apocalyptic.

chris flash said...

I hate when developer pricks call properties in our neighborhood "prime," as if referring to cuts of beef.

I hope their new development disappears into the sink hole on that corner lot....

Anonymous said...

Take your photos of the wall mural now while you can.