BAM Buys 321 Ashland for $7 Mil From Two Trees

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The news of LPC's sign-off on a new performing arts building for BAM at 321 Ashland Place last week coincided with the property changing hands: Two Trees sold the building to BAM for $7 million in a deal that was recorded last Thursday in public records. According to a spokesperson for BAM, after the addition to the building is complete in 2012, it will be handed over to the city, which owns all the real estate that houses the academy. The city is helping to pay for the new performing arts center's construction.
LPC Signs Off on New BAM Performing Arts Building [Brownstoner] GMAP
Photo from Property Shark.

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