Binghamton Developer to Acquire Two Davis College Buildings
Two Johnson City residential buildings which had been owned by Davis College are expected to be sold in the next few months.
Mason Hall on Riale Avenue and an apartment house on Riverside Drive east of the main campus were acquired last month by Adam Weitsman.
The buildings each have a dozen units. Weitsman put them on the market as he prepares to develop basketball and electronic sports academies at the former Davis site.
Developer Liam Burns of Binghamton Friday said he's part of a group that plans to acquire the two residential buildings.
Speaking on WNBF Radio's Binghamton Now program, Burns said the properties are under contract. He expects the deal could be finalized within three months.
Burns said both structures are "solid buildings" and won't require much work to put them back into use.
The developer said he expects the apartments would be marketed to postgraduate students.
Burns said he has received bids for work on the buildings and he's already working to secure prospective tenants.
Weitsman could not be reached for comment Friday on the planned sale of the two buildings.
Contact WNBF News reporter Bob Joseph: bob@wnbf.com
For breaking news and updates on developing stories, follow @BinghamtonNow on Twitter.