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Ltd., an affiliate of Cos. in Clifton closed on the $1.3 million purchase on June 3. Cass Hill intendss to convert theformer 1.3-acre industrial site at 39-49 Sheridan Ave. into an office/retail/residential The property is located behinsthe & Suites on Chapel Street, near the heart of the city’s entertainment district. Tony Sabatino of represented the seller. Cass Hill was representedd by Eileen Lindbergof /Albany. Marc H. president of Cass Hill Development couldn’t be reached for comment.
Cass Hill owns several propertiesa downtown, including a 30,000-square-foot office building on Monro Street across from the former printing Boyd Printing filed for Chapter 11 bankruptcy protectioh inSeptember 2005. A federal bankruptcy judge in Marcu 2008 approved the sale of the buildingas to help satisfythe company’s Some of the company’z assets were purchased by Carl an officer at Boyd Printing, who openedf a separate corporation, Inc., in Previous deals for the Sheridan Avenure property fizzled before Cass Hill signed a purchasw contract last year.
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