Pink Building, Adjacent Properties Sold For $27 Million

The “pink building” at the corner of Grand and Orchard streets and adjoining properties have reportedly been sold for $27 million.

Landmarks Commission Protects Ridley & Sons Building at 319-321 Grand Street

Ridley Department Store Building, 319-321 Grand Street.

This morning the Landmarks Preservation Commission (LPC) voted to designate the Ridley & Sons Department Store Building at 319-321 Grand Street.  The quirky “pink building” at the corner of Grand and Orchard streets was built in 1886. The enormous department store closed in 1901.  The commissioners decided not to protect a newer portion of the building, 59 Orchard Street, that was added in the 1930’s.

A representative of the owner, attorney Bob Davis, testified just before the vote, endorsing the commission’s decision and acknowledging the building’s architectural and historical significance.  Last year, Alfred I. Goldman, the property owner, told the New York Times he was not thrilled about the idea of designating the 125 year old structure.