Word: casselll
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The Harvard women’s lacrosse team, fresh off a blowout victory on Thursday over Holy Cross, intended to carry that momentum on the road into Saturday’s game against Massachusetts. At the end of both halves, the Crimson fell short against the Minutewomen, losing 12-8...
Last month, CASCAP purchased the entire 125-7 Harvard Street plot and about a quarter of the 200 Broadway plot from Cassell for $2.9 million, according to Cassell and CASCAP's chief executive, Michael Haran.
While Halperin said in a phone interview last week that "there is no doubt that this is a profitable deal" for the Garment District, upon further investigation by The Crimson, the Feb. 1 article's unambiguous assertion that the deal was "extremely profitable" for Cassell cannot be verified.
Cassell and Halperin purchased a plot of land at 200 Broadway for $3.4 million last May, according to both men. Also last spring, Cassell purchased an adjacent plot at 125-7 Harvard Street for $1.5 million.
Due to a disagreement over development plans, Cassell and Halperin agreed to end their partnership in November, with Cassell buying out Halperin's 50-percent stake in the 200 Broadway property.