No Plans to Redevelop Gramercy Place Apartments, Says New Owner

NO PLANS TO REDEVELOP GRAMERCY PLACE APARTMENTS, SAYS NEW OWNER Here’s what Fred Sharifi, the new owner of the Gramercy Place apartments on Portland St., has to say about those rumors that the old apartments will be torn down and replaced by something as tall as the Museum Tower on Montrose that they sit behind: “[T]here will be no midrise built,” Sharifi’s property manager writes in an email, “and he has no plans at this time to redevelop the property. If he does eventually build on the property it will be town homes . . . .” [Swamplot inbox; previously on Swamplot] Photo: Swamplot inbox

3 Comment

  • hmmm, yessss..well, time will tell. I hope he incorporates the older buildings into his townhome scheme at the very least. I’m not holding my breath.

  • As a current resident, I am concerned about his “no plans”… My neighbor & long time resident was not allowed to renew for another year lease, he was only offered a 6 month lease. That was last week.

  • Funny, because he told us demolition for midrises or townhomes would begin in September.

    And most tenants learned of the plans when a local realtor sent us all letters trying to solicit business.