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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Silent bank can offer opportunity for business district

A hulking landmark in the heart of North Scranton could change the face of Providence Square as it hits the real estate market. The historic bank property at 1902 N. Main Ave. has an asking price of $650,000, said Patrick W. Sammon, commercial real estate agent with Hinerfeld Commercial Realty…

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