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Chesapeake sold

It's official(er). The Chesapeake has at long last been sold. Here is Julie Scharper's report.

The city's spending board yesterday approved the sale of the long abandoned Chesapeake restaurant property to developers Michael Schecter and Ernst Valery for $2.5 million. Qayum Karzai (Helmand, B, Tapas Teatro), the noted local restaurateur whose name had earlier been linked to the proposed sale, while not part of the purchasing group, is still attached to the project.

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The property had been since 2008 in the hands of a a prominent 501(c)(3) corporation contracted with the City of Baltimore to provide economic development services.

I'll have more on this later today.

March 2010 photo of the Chesapeake's upper-floor dining room - Baltimore Sun Photo/Gene Sweeney, Jr.

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