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In Contract

Alfa Development?knight in shining armor to arrested developments everywhere?is also in contract to buy a former Hershey factory at 117-119 West 21st Street. The $12 million sale needs bankruptcy court approval to move forward, but assuming it does, there's room for up to 32,489 square feet. The developer is the same one behind Chelsea Green, so perhaps we'll see more solar thermal systems here. [Crain's; previously]