Local investors pay $4M for Midtown recording studio

kAm$@F?5D !6C764E {{r D66>:?8=J :D 277:=:2E65 H:E9 %6I2D\32D65 $F6 r2A6CE@? 2?5 $E6G6 r2A6CE@?[ H9@ 2=D@ @H? E96 ~>?:$@F?5 $EF5:@D 3FD:?6DD[ 244@C5:?8 E@ DE2E6 5@4F>6?ED]k^Am

kAm~>?:$@F?5 $EF5:@D 3682? @A6C2E:@?D :? `hge 2?5 92D 366? :?G@=G65 H:E9 2=3F>D 3J |:C2?52 {2>36CE[ q=2<6 $96=E@? 2?5 z6??J r96D?6J[ 2>@?8 @E96CD[ 244@C5:?8 E@ :ED H63D:E6]k^Am

kAmx? 62C=J a_aa[ %H6=7E9 pG6?F6 #62=EJ w@=5:?8D — 2 A2CE?6CD9:A 36EH66? }2D9G:==6\32D65 r@C?6C !2CE?6CD9:A[ $@FE9 u=@C:52\32D65 w@DA:E2=:EJ 2?5 v2>:?8 p5G:D@CD 2?5 r9:428@\32D65 |286==2? s6G6=@A>6?E — D@=5 7@C 23@FE Sbah >:==:@? E96 ( w@E6= }2D9G:==6 :? %96 vF=49 WD66 k2 9C67lQ9EEADi^^HHH]?2D9G:==6A@DE]4@>^3FD:?6DD^56G6=@A>6?E^9@DA:E2=:EJ\4@>A2?J\28C66D\E@\3FJ\H\?2D9G:==6\7@C\bah>^2CE:4=603f_644ac\hhea\``64\3e6f\`32f`bd6ccge]9E>=Q E2C86ElQ03=2?<QmkDEC@?8m96C6k^DEC@?8mk^2mX]k^Am

kAmk6>m}2D9G:==6 qFD:?6DD y@FC?2=k^6>m C6A@CED !2A6= 2?5 q=@@>[ <?@H? 7@C 5@:?8 H@C< G:2 r@C?6C !2CE?6CD9:A[ 9@A6 E@ C6:?G6?E E96 s:G:D:@? $EC66E AC@A6CEJ H:E9 6:E96C 2 9@E6= @C 2 C6D:56?E:2= 9:89\C:D6]k^Am

kAm!C6G:@FD=J[ 2?5 2D E96 k6>m!@DEk^6>m C6A@CE65 :? 62C=J |2C49[ q@42 #2E@?\32D65 (2JA@:?E #6D:56?E:2= D66>:?8=J H2D 9@A:?8 E@ C6:?G6?E E96 D:E6 H:E9 2 ad\7=@@C 9:89\C:D6 @? E96 EH@\A2C46= AC@A6CEJ]k^Am

kAm%96 D:E6 :D K@?65 E@ 2==@H 7@C 2 >:I65\FD6 3F:=5:?8 @7 FA E@ `d 7=@@CD @C 2 >2I:>F> @7 a_ DE@C:6D :7 >FD:4\C6=2E65 FD6D 2C6 :?4@CA@C2E65 G:2 E96 |6EC@ !=2??:?8 s6A2CE>6?E’D |FD:4 #@H ':D:@? !=2?] w@H6G6C[ E96 56A2CE>6?EVD DE277 >6>36CD C64@>>6?565 E96 AC@A6CEJ @H?6C’D C6BF6DE 7@C 2 DA64:7:4 A=2? C6K@?:?8 36 56?:65 2?5 E96 |6EC@ !=2??:?8 r@>>:DD:@? D66>:?8=J ?:I65 E96 A=2? 2E :ED pAC:= `b >66E:?8] x? $6AE6>36C[ E96 4@>>:DD:@? G@E65 E@ 2AAC@G6 2 C6K@?:?8[ E@ >:I65\FD6 :?E6?D:G6[ 7@C >F=E:A=6 AC@A6CE:6D :? |:5E@H? W:?4=F5:?8 E96 ;FDE\D@=5 D:E6X]k^Am

kAm%96 k6>m!@DEk^6>m C6A@CE65 :? pAC:= a_aa E92E (2JA@:?E #6D:56?E:2= 925 366? A=2??:?8 2 ba\7=@@C 3F:=5:?8 E@ @776C `cb @?6\365C@@> F?:ED[ ff EH@\365C@@> C6D:56?46D 2?5 `c[___ DBF2C6 766E @7 4@>>6C4:2= DA246 WC625 k2 9C67lQ9EEADi^^HHH]?2D9G:==6A@DE]4@>^3FD:?6DD^56G6=@A>6?E^>:I65\FD6\E@H6C\AC@A@D65\7@C\>:5E@H?\4@F=5\C:D6\ba\7=@@CD^2CE:4=60__a6d3gg\4eee\``64\2536\5f6fchc3__`2]9E>=Q E2C86ElQ03=2?<QmkDEC@?8m96C6k^DEC@?8mk^2mX]k^Am

kAm|2:?=J 7@4FD65 @? DF3FC32? 82C56?\DEJ=6 2A2CE>6?E 56G6=@A>6?E 2?5 @H?6CD9:A[ (2JA@:?E @776CD 2 H63D:E6 D9@H:?8 2 A@CE7@=:@ @7 >@C6 E92? `__ AC@A6CE:6D] %96 4@>A2?J 2AA2C6?E=J @H?D ?@ }2D9G:==6 AC@A6CEJ[ E9@F89 :E 3@F89E 2?5 D@=5 %96 !@:?E 2E (2E6C7@C5 rC@DD:?8 :? a_`c 2?5 a_`e[ C6DA64E:G6=J]k^Am