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The Old Advocate Building in Stamford Sells for $2.7 Mil

STAMFORD, CT-The Old Advocate Building has been sold for $2.7 million to David Williams of Alliance Capital Management who will open a private art gallery displaying the works of Jackson Pollock, Andy Warhol and others.

By John Jordan | Updated on August 23, 2001

STAMFORD, CT-The Old Advocate Building which has been used as a headquarters for a daily newspaper, an architectural firm and an on-line marketing firm for colleges and universities, will now be transformed into a private gallery that will feature the works of legendary painters such as Jackson Pollock, Winslow Homer and Andy Warhol, among others.

Greenwich residents David H. and Reba Williams purchased the 14,770-sf building at 258 Atlantic St., for $2.7 million. Meredith Siburn of Cushman & Wakefield of Connecticut, Inc., represented the seller–DataWorld Service Inc., a local printing company. Alfred Mirin, first vice president of CB Richard Ellis represented the buyers in the transaction.

The Williams plan to relocate their private art collection, which includes 5,000 works dating from the 1800s, from the offices of Alliance Capital Management in Manhattan.

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