Five properties set to be
auctioned
off in Norwich
Biggest event ever of its kind will boost tax base
By Jim Wright
NORWICH The City of Norwich will have its biggest real estate
sale ever when it places five properties up for auction at 1:30 p.m. Saturday.
The bottom line
is we have determined we dont need any of them anymore, and we would like to see
them places back on the tax rolls, city Mayor Robert C. Raphael Jr. said.
The auction will take
place at 14 E. Main St., one of the five properties to be auctioned off by Mel Manasse
& Son. Auctioneer Mel Manasse of Whitney
Point, whos been in the auction business for 40 years, said hes looking for a
large turnout.
The properties to be
auctioned are:
The Sheldon Street property and
the vacant commercial lot will be sold regardless of price, although the city has placed a
minimum price for the other three buildings, Finance Director William J. Roberts said.
We have been
looking at doing this for over a year. We dont want to have to maintain them when we
have no use for them. We need to cut our
costs with winter coming and eliminate the heat utility and maintenance charges,
Raphael said.
Raphael declined to
discuss the amount the city hopes to obtain from the five properties.
The auctioneers
felt if would draw a better crowd if we put them all up to sell together rather than
spreading the sale out over a period of time, Raphael said.
[Binghamton
Press, Our Towns Friday, November 18, 2005]