NEW YORK CITY-The owner of the Blatt Billiards building has agreed to sell its headquarters building in Union Square for $24 million.
The pool table manufacturing firm has owned the six-story property at 809 Broadway since 1972 and was a tenant at the property located between 11th and 12th streets before that, according to The Real Deal.
The buyer of the property is identified as 809 Broadway Associates. The closing of the transaction is scheduled for Jan. 2, 2014. Blatt Billiards has been in operation in New York City since 1923. Industry insiders tell the newspaper that Blatt Billiards is relocating its manufacturing functions to New Jersey and plans to purchase a building in Hell's Kitchen for use as a showroom. See story in The Real Deal.
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