The Lakewood Development Corporation on Tuesday formally authorized execution of an agreement for the purchase of the former Wells Fargo building at 317 Main Street in the downtown area.
The purchase price for the parcel is a pretty $2.5 million.
LDC Board members spoke highly of the property and how happy they are to be able to spend our taxpayer dollars to purchase this property.
Oddly, they didn't make any mention of what they plan to do with the approximately 31,000 sq foot prize once they get the keys to the door.
When asked, LDC Executive Director David Klein confirmed to FAA News that they agreed to purchase this property with no specific plans.
Mr. Klein told the LDC board that he used to work at this location when it was a Wachovia Bank branch.
2023 annual property taxes for the property were $68,364.52
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5 comments:
mamash Purim!!
LKWD = Chelm
They bought it for purely sentimental purposes. In order for it not to fall into disrepair, they'll give it to one of their buddies to occupy. Ltoeles harabin of course.
I’m sure they’ll find a way to swap land with someone that is buddies with good old menash.
Or something to that effect.
Of course there is a plan. They will rent it to some ASKAN for mere pennies on the dollar. They are just hiding it from the public. Typical Lakewood politics at play.
Then they will sell it for 1$
ill put in an offer for 2$
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