Foundation Offers to Sell Baldwin Building for $10.5 Million

whee.net - 08-16

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The State and the owners of the Baldwin Building on Fayette Street have had a testy relationship. So much so, the State has indicated they may move the New College Institute somewhere besides the building that was built purposely for them. Nearly 2 years ago they offered $7.76 million for the property. Now the Foundation has countered the offer by raising the price to $10.5 million. The counteroffer was included in a press release.