Arcade owner buys again on downtown's Fourth Avenue

The New York owner of downtown’s The Arcade has paid $2.9 million for a mixed-use building located across the street from the iconic retail structure.

According to a Davidson County Register of Deeds document. Newco ARC LLC, which is affiliated with Manhattan-based real estate company Linfield Capital, now owns 234 Fourth Ave. N. The three-story building on the site seemingly opened in 1900 and offers a ground-level retail space long home to boutique clothing store Muse (which seemingly has temporarily ceased operations) and two floors of office space.