Sycamore Manor: Difference between revisions
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(Created page with "'''Sycamore Manor''' is a 3-story courtyard-style apartment building located at 1248 22nd Street South in Birmingham's Highland Park neighborhood. The property wa...") |
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The property was purchased in [[2019]] from an investment group registered to [[Benny LaRussa]]. The buyer, a development group associated with [[David Silverstein]]'s [[FiveStone Group]], plans to demolished the building and the adjacent [[Bayer Properties]] offices for a proposed condominium, hotel, spa and wellness facility. | The property was purchased in [[2019]] from an investment group registered to [[Benny LaRussa]]. The buyer, a development group associated with [[David Silverstein]]'s [[FiveStone Group]], plans to demolished the building and the adjacent [[Bayer Properties]] offices for a proposed condominium, hotel, spa and wellness facility. | ||
After Bayer's plans changed, LaRussa sold the property to [[Jay Friedman|Jay]] and [[Theresa Friedman]] for $818,500. The Friedmans plan to invest in upgrades to the units and common areas. | |||
==References== | |||
* Van der Bijl, Hanno (December 4, 2020) "Birmingham investor acquires multifamily property in Redmont Park." {{BBJ}} | |||
[[Category:Southside apartments]] | [[Category:Southside apartments]] | ||
[[Category:22nd Street South]] | [[Category:22nd Street South]] | ||
[[Category:Threatened structures]] | [[Category:Threatened structures]] | ||
Latest revision as of 16:56, 7 December 2020
Sycamore Manor is a 3-story courtyard-style apartment building located at 1248 22nd Street South in Birmingham's Highland Park neighborhood.
The property was purchased in 2019 from an investment group registered to Benny LaRussa. The buyer, a development group associated with David Silverstein's FiveStone Group, plans to demolished the building and the adjacent Bayer Properties offices for a proposed condominium, hotel, spa and wellness facility.
After Bayer's plans changed, LaRussa sold the property to Jay and Theresa Friedman for $818,500. The Friedmans plan to invest in upgrades to the units and common areas.
References
- Van der Bijl, Hanno (December 4, 2020) "Birmingham investor acquires multifamily property in Redmont Park." Birmingham Business Journal