Tonawanda News

Local News

November 14, 2012

City school board to sell Central School

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CITY OF TONAWANDA —

Supon, who said he has not yet sold a school, also spoke to Hunt’s long history in the area and the company’s ability to market to brokers all over the state and eastern region of the country. 

Tuesday’s presentations came after Ed Woods, of Realty USA, came to the board’s meeting Oct. 9 to answer questions about the sale of the property.

Realty USA represented the school district in the listing of Highland, which eventually went to auction and sold for $152,000, much less than its original list price of $440,000. Highland still sits vacant after its sale to S. Spoth, LLC in 2011. 

S. Spoth, LLC put the property back up for sale over the summer after People Inc.’s plan to

develop it into a senior housing facility fell through due to a lack of funding at the federal level, according to the nonprofit. 

Board members called the Highland sale a failure at last month’s meeting and questioned the logic of hiring the same realty company a second time around. Board member Sharon Stuart requested new realtor proposals. 

“Would you ask a realtor to sell your house if he failed the last time?” Stuart asked at the October meeting. 

Stuart made a motion Tuesday to table an agenda item approving a realtor for the sale of the school so the members can discuss the three proposals further. 

 

 

 

Contact reporter Jessica Bagley at 693-1000, ext. 4150.

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