Mayor Seeks State Funds to Save Binghamton Boscov’s Store
Binghamton Mayor Richard David is continuing efforts to obtain state money to make repairs to the building occupied by the Boscov's department store.
David said he and Boscov's CEO Jim Boscov met with New York economic development officials in Albany last week in an effort to secure funds to renovate the Court Street property.
The building used by Boscov's for nearly 35 years is owned by the Broome County Industrial Development Agency.
Speaking on WNBF Radio's Binghamton Now program, David said he's "willing to do whatever it takes to keep Boscov's" in Binghamton.
The mayor said money is needed to make extensive repairs because the "building is literally crumbling."
David said he and Boscov met with members of Governor Cuomo's economic development team to explain the situation to them. He said state officials appeared to understand there could be a revitalization project that would include more than just the store.
The city announced a one-year lease extension with Boscov's last April 30. The mayor said he would anticipate another one-year extension will be signed by the retailer.
David said Boscov has indicated that if the building issues can be addressed, he would be willing to sign a long-term lease to remain in Binghamton.
Contact WNBF News reporter Bob Joseph: firstname.lastname@example.org
For breaking news and updates on developing stories, follow @BinghamtonNow on Twitter.