NEW YORK CITY-Cord Meyer Development Co. is planning to buy anold tennis stadium from the West Side Tennis Club based in Queensand transform the stadium into condos.
Cord Meyer would pay about $9 million for the 2.5-acre stadiumand will build residential apartments preserving a part of thestadium.
The final price for the stadium would be based on the approvednumber of condo units that will be constructed. For thefull story, go to Wall Street Journal.
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