Front Street Development to Move Ahead

A seven story former hotel that later became an extended care facility could be cleared for sale to a local developer.

The Broome County Land Bank is meeting and has on the agenda a resolution approving the transfer of Empire State Development funds to Newman Development Group and to execute a sales contract with the Vestal developer for the property at 50 Front Street at the intersection of Leroy Street, near the Roberson Museum in Binghamton.

Newman is looking to develop the site into a multi-use facility after the current building is torn down.

The building, which also once was the home of the WBNG television studios, has been sitting empty for years and has been the scene of numerous break-ins, thefts and vandalism.

The Land Bank approved a resolution authorizing the demolition of the property in February.