Viking Mills complex as a luxury apartment project is coming into focus, as the Chatham Bay Group releases details for review by a board of city-appointed architects and planners.
The complex will include a mix of studios renting for an average of $1,550, one-bedrooms in the low $2,000s, and two-bedrooms in the mid-$2,000s.According to city records, Duffy and his partner Jay Freebery bought the existing site, which is zoned for industrial and residential use, for $9.6 million on Aug. 29. Chatham Bay estimates the price of construction, which has begun, between $45 million and $47 million.
The previous property owners, David Hirsh and Bob Weinstein, did not respond to requests for comment. “We need to look at how we put better protections in place for small artists and businesses moving forward in events like this,” Squilla said. “How much time is enough to relocate knowing that when a developer buys a property, we’re not sure if they’re told everything about who’s in there. Once people are notified, there’s panic involved.”
In this case, he said, there wasn’t anything Chatham Bay could have done to avoid the situation besides sue the previous owners for misrepresentation.
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