January 7, 2022
REAL ESTATE
Biohaven buys Quinnipiack Club property
PHOTOS | City of New Haven, CoStar
221 Church St., New Haven
By Michelle Tuccitto Sullo
Biohaven Pharmaceuticals Inc. has purchased a well-known Elm City landmark, the former Quinnipiack Club on Church Street, for $4.1 million, city records show.
The deal covered both 221 Church St. and 280 Orange St., which includes the building and neighboring parking space.
Richard Coote, president of The Wm. M. Hotchkiss Co. of New Haven represented the seller, 221 Church St. LLC, in the transaction. The seller’s principal is listed as Charles Noble III of Hamden, according to the Secretary of the State’s office.
According to a brochure, the property, built in 1931, had previously been advertised for $6.8 million. The property features some 42,000 square feet of space, 27 parking spaces, 25 guest rooms, meeting space and a kitchen.
Biohaven, which is based at neighboring 215 Church St., is the company behind the well-known FDA-approved migraine treatment and prevention drug Nurtec ODT, which has been pitched by celebrities such as Whoopi Goldberg, Khloe Kardashian and Tori Spelling.
Biohaven has also been pursuing treatments for neurological and psychiatric diseases including Alzheimer’s, obsessive compulsive disorder and amyotrophic lateral sclerosis (ALS).
Biohaven CEO Vlad Coric did not immediately respond to a request for comment Friday on the company’s plans for the new property.
According to Coote, the property had been on the market for slightly over a year.
"It was really important to the seller that the right entity bought the building, and that the charm and iconic nature of the building was preserved," Coote said. "The buyer is Biohaven, and their hope is to create a New Haven campus-type presence."
Contact Michelle Tuccitto Sullo at msullo@newhavenbiz.com.
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