Investments for Broadway

bidadmin
By bidadmin March 14, 2018 17:40
In January, the trustees of the Broadway Improvement Corporation were given a preview of two major new investments that Broadway will see in 2018.

The first were from the owners of 22-18 Broadway (the former Hi-Way Theater) Dr. Mahesh Bikkina and his associates outlining their plans to expand their medical facilities with the construction of a new 3-story professional medical offices through their recent purchase of Brake World at 22-02 Broadway and several adjacent residential properties. Dr. Bikkina and his associates have had their medical practices on Broadway for over twenty years. This development project is represented by Stuart Liebman of Wells Jaworski, Paramus.

The trustees also heard from Dr. Frank Holden and his associate George Khoushagian for their property at 24-19 Broadway. This development will see the demolition of the existing medical facility to make way for a mixed-use developed with an expanded medical on the first floor and residential apartments on the second and third floors.
Both presenters were encouraged to provide for amenities along Broadway consistent the BIC’s Vision Plan and asked to keep the trustees apprised of their projects. Updates were again offered at the February meeting of the BIC.

 

bidadmin
By bidadmin March 14, 2018 17:40