The art and architecture in downtown Scranton feel like a smaller version of SoHo to New York City developer Shimon Friedman. Along with two other New York developers, he bought the Oppenheim Building, 401 Lackawanna Ave., last week for $1.2 million. They plan to restore the stately old building and,…
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…
A developer who already has strong ties in the region bought the historic Samter’s building three days after Christmas. Charles Jefferson, whose investment groups own Montage Mountain Resorts, the Connell Building on North Washington Avenue and the Leonard Theater on Adams Avenue, purchased the 43,712-square-foot building for the asking price…
