New Jersey Central train station sold for $1.2M

WILKES-BARRE — The former New Jersey Central train station in Wilkes-Barre has a new owner. George Albert, on behalf of Wyoming-based Market Square Properties Development LLC, has purchased the station for $1.2 million. Andrew Reilly, executive director of the Luzerne County Redevelopment Authority, confirmed the sale Tuesday. The Times Leader…

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New Hilton management firm considers entrance off Lackawanna

The El Segundo, California-based Welcome Group Inc. has taken over management of the Hilton Scranton & Conference Center, pledging to work closely with community leaders and participate in the revitalization of Lackawanna Avenue. Linchris Hotel Group turned over the reins of the 175-room hotel at 100 Adams Ave. in downtown…

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Developers complete former Dunmore Price Chopper purchase

Two years in the works, the former Price Chopper Plaza in Dunmore is now owned by real estate developers Gerald and Joseph Ferrario. The entity 1400 Monroe LLC, in which the Ferrarios are involved, purchased a parcel that includes the complex, the final piece in a complicated transaction. Commercial real…

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