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Post by Ducky on Nov 28, 2004 15:20:20 GMT -5
Nygard comes on down
Buys waterfront space from Kern-Hill Furniture
By KATHLEEN MARTENS, BUSINESS REPORTER, wpg sun
Textile magnate Peter Nygard is buying Kern-Hill Furniture Co-op's waterfront warehouse for his Exchange District loft development, The Sun has learned. The property at 110 James Ave., near Waterfront Drive, will be part of a parcel used to house a Nygard museum, condominiums, a clothing store, fresh food stalls and the Nygard Fashion Network, company spokeswoman Sharon Clarke confirmed.
The founder and chairman of Nygard International, a global women's wear-maker, has also bought two other buildings in the area for the real estate project.
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