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After seven months of negotiations, Cassell and business partner Tani Halperin agreed to sell the piece of land on Harvard St. behind the Garment District building to the city for $2.9 million—an extremely profitable deal for the partners since Cassell had originally bought the entire Garment District lot for only $3.4 million. Cassell and Halperin will be keeping the majority of their land for the store. The proceeds from the sale will fund much-needed renovations to the 115-year-old textile factory building, saving the Garment District from falling off Cambridge’s list...

Author: By April B. Wang, CRIMSON STAFF WRITER | Title: Historic Garment District Saved | 2/1/2006 | See Source »

...article said that the deal was "extremely profitable" for the Garment District's president, Christopher Cassell, and real estate developer Tani Halperin...

Author: By April B. Wang, CRIMSON STAFF WRITER | Title: Historic Garment District Saved | 2/1/2006 | See Source »

...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...

Author: By April B. Wang, CRIMSON STAFF WRITER | Title: Historic Garment District Saved | 2/1/2006 | See Source »

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...

Author: By April B. Wang, CRIMSON STAFF WRITER | Title: Historic Garment District Saved | 2/1/2006 | See Source »

...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...

Author: By April B. Wang, CRIMSON STAFF WRITER | Title: Historic Garment District Saved | 2/1/2006 | See Source »

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