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Croce Purchases Franklin Street Apartment Building

Mark Croce’s Franklin Street holdings have grown again.  The prolific restaurateur and property owner purchased a three-story apartment building at 267 Franklin yesterday.  Croce’s ‘Saturn Development Corporation’ paid $475,000 for the property according to public records.

The apartment building contains 14 one and two-bedroom units.  Built in 1883 and known as The Netherlands, it was renovated in 1988 by George Smilanich III, a partner in costume and novelty retailer George & Co. 

Croce, who purchased the former Continental at 212 Franklin Street in late-March to incorporate into a planned boutique hotel, now owns nearly a dozen Franklin Street buildings and parking lots.

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