Gart also renamed it the 6th Avenue Commerce Center.

In fact, it had the building under contract twice to telecommunications companies that wanted to use it as a telecom hotel before the dot.com economy collapsed.

''We were ahead of the curve in finding a value purchase in a hot market, but we were a little behind the curve as far the telecom hotel phenomena,'' Mark Sidell, president of Gart Properties, tells GlobeSt.com.

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