Harlem Building NBA Owned Snagged By L+M, Red Rooster

April 26, 2016

red rooster buidling in harlemL+M Development Partners and a co-owner of Red Rooster Harlem shelled out $21 million for the soul food restaurant’s home — a three-story office building owned by the National Basketball Players Association.

Red Rooster Harlem occupies part of the ground floor at the 24,600-square-foot property, located at 310 Lenox Avenue between West 125th and 126th streets.

L+M and another company, Chapman Consulting, purchased the building for $21 million, according to property records filed with the city last week. The soul food restaurant is co-owned by Chef Marcus Samuelsson and Andrew Chapman. Chapman is a partner at his family’s real estate investment firm, which appears to be the co-buyer.

The Commercial Observer was the first to report that Red Rooster purchased the building, but didn’t mention L+M’s role in the deal.

 


By submitting this form, you are consenting to receive marketing emails from: Harlem World Magazine, 2521 1/2 west 42nd street, Los Angeles, CA, 90008, https://www.harlemworldmagazine.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Read the entire story here.

We're your source for local coverage, we count on your support. SPONSOR US!
Your support is crucial in maintaining a healthy democracy and quality journalism. With your contribution, we can continue to provide engaging news and free access to all.
accepted credit cards

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles


AARP Local