While the Feldman's building has been up for sale for several months now, they have sold the old portion of the structure but not the old Ethan Allen portion, which is newer.
I'm told someone from Cambridge or Annapolis has a contract on it and was supposed to close on it last Thursday but there were some unknown complications. However, they still expect the deal to go through very soon. I'm also told the new owner wants to keep it an Antique Mall.
Don't quote me on this but I was told he sold the old sections for around $450,000.00.
6 comments:
"Antique Mall" would be a step up. It's now a junk shop that goes well with what the Ulman Theater lot has become since the City sold it for a song.
MORE antique stores???? (SIGH)
$450,000 OMG ! It will cost that much to fix the roof. Are you sure it wasn't $45,000? Watch out if they insure it for a couple of mil.
We need to encourage more diverse dining and accessible shopping in downtown to spur growth.
This building is an accident looking for a place to happen.
A micro-brewery with live entertainment and eclectic cuisine would be ideal here. There needs to be a reason to go downtown. Hence the reason the condos aren't selling. Why would anyone want to live on a polluted river with no dining or nightlife. Maybe one day this city will live up to its potential.
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