Scranton benefits from several key elements that help spur downtown renewal: preserved historic buildings; numerous government facilities and nearby hospitals, colleges and other institutions; and a daily influx of thousands of employees and others who work at or use those services. While Scranton has a sprawling, 25-square-mile footprint, the downtown…
[blockquote align=”left” variation=”deepblue”] For sale downtown Scranton Mall Associates, a company owned by the Boscov family, lost two historic buildings along Lackawanna Avenue to foreclosure this year. Then, the Oppenheim building, at Lackawanna and Wyoming avenues, and the Samter’s building, at Lackawanna and Penn avenues, attracted no bidders at a…
The former Samter’s building at Lackawanna and Penn avenues has sold, according to property marketer Hinerfeld Commercial Real Estate of Scranton. A firm called Scranton-Samter LP bought the building. The price was not disclosed, though the asking price was $500,000. The purchaser has not revealed plans for the building. Samter’s…
