An auction of the Martick’s building and six other westside parcels was called off today, after the property owners came up with sufficient funds to satisfy their lender and avert a substitute trustees’ sale.
“The sale is cancelled,” auctioneer Paul Cooper told a small group of people who gathered in the 400 block of Park Avenue to watch the proceedings. The owners “wired some money and the sale is cancelled.”
Martick’s building goes on the auction block as redevelopment plan falters (3/25 /21)In addition to the former Martick’s Restaurant Francais building at 214 West Mulberry Street, the properties scheduled for auction included 400, 406, 408, 410, 412 and 414 Park Avenue, all part of the city’s Howard Street Commercial Historic District.
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