Nicholas Sprayregen
Columbia Closes on Warehouse in Expansion Footprint for $14.8 M.
Columbia has paid $14.8 million for a warehouse in the footprint of its planned West Harlem expansion, closing on a deal from 2007 with the owners of Despatch Moving & Storage, according to property records. The sale price equates to about $235 per square foot, based on figures from the real estate tracking service PropertyShark, which puts the size of the building at 62,200 square feet. read more »
Columbia Holdout: Eminent Domain 'Not Necessary or Appropriate'
The last remaining major private landowner in the footprint of Columbia University's planned West Harlem expansion issued a lengthy critique of the state's use of eminent domain to acquire his property, laying the groundwork for a legal battle that will likely lie ahead.
Nicholas Sprayregen, owner of Tuck-it-Away Storage, released the critique as the state today holds its second of two hearings on the proposed use of eminent domain. A wealthy landlord and developer who said he expects to fund a lengthy challenge, Mr. Sprayregen owns multiple warehouses in the footprint.
In the documents submitted to the Empire State Development Corporation today--the state agency that uses eminent domain--Mr. read more »
