Binghamton Officials To Review Downtown Site Bids
Two of the three groups submitting proposals to develop a city-owned parcel in downtown Binghamton are based in Broome County.
City officials today released the names of the prospective developers who submitted bids for the vacant property at the corner of Court and State streets.
Greater Binghamton Development, LLC, offered to purchase the site for $75,000. A bid of $50,000 was submitted by Eckberg, LLC, which has listed an address in Morganville, New Jersey. Marchuska Productions, LLC, with an office in the town of Union, offered one dollar for the property.
Justin Marchuska, a co-owner of Marchuska Productions, says the firm’s plan calls for the construction of a three-story building on the site. The street level could be designated as commerical space with offices on the upper floors.
Greater Binghamton Development’s plan envisions a five-story structure on the property.
The Eckberg proposal entails the construction of a twelve-story tower which would include commercial and retail space, along with what Mayor Richard David has described as “high-end lofts with amenities.”
According to Broome County tax records, Eckberg, LLC, acquired five properties on Binghamton’s West Side two years ago.
City officials declined to release detailed information about the development proposals. The mayor has named councilman Chris Papastrat and five other city officials to a group that will evaluate the three proposals.