Wilkes-Barre To Become Owner Of Hotel Sterling Site Today

Wilkes-Barre will become owner of the long-troubled Hotel Sterling site today, which is expected to provide the stability needed to attract a significant project at the landmark site.

CityVest, the nonprofit group that unsuccessfully tried to redevelop the hotel that once stood there, also has formally dissolved, its attorney said.

The Sterling’s unresolved ownership ended up before Luzerne County Senior Judge Joseph Augello this morning because CityVest filed a brief asking the court to oversee disbursement of its assets.

CityVest had obtained state approval to dissolve because it is out of funds and not pursuing more projects, said CityVest attorney George A. Reihner.

Read more:  http://www.timesleader.com/news/local-news/154010217/

CityVest Gives Sterling Property To Luzerne County

Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)

The nonprofit owner of the former Hotel Sterling property has turned the title over to Luzerne County.

In a letter to the county solicitor sent Thursday, Scranton-based attorney George Reihner said recent action by the county to garnish CityVest of parking fees being generated at the site on West Market Street took him off-guard.

“Given that CityVest offered the Hotel Sterling property to the county more than two years ago and regularly communicated with county officials about the status of the property since the date of acquisition, I was surprised to learn of these sudden legal actions from the media,” Reihner wrote.

In an attempt to “remedy the current impasse,” Reihner wrote that CityVest has decided to sign over the property to the county. The transaction was recorded Thursday.

Read more: http://citizensvoice.com/news/cityvest-gives-sterling-property-to-county-1.1739850

Hotel Sterling Demo Could Change More Than Just The Landscape

English: Hotel Sterling, Wilkes-Barre (Photo credit: Wikipedia)

WILKES-BARRE, PA — Ali Kazimi’s arrival at work was memorable Tuesday because the seven-story Hotel Sterling next door was almost entirely demolished.

“It was strange. You can see the eagles on the Market Street Bridge from our property.  We have a riverfront view,” said Kazimi, the third-generation owner of M. Abraham Importer on West Market, which opened by the once bustling Sterling in 1927.

Kazimi looks forward to losing that view to new development on the 4-acre Sterling parcel.  City officials condemned and demolished the former hotel and plan to seize the cleared lot from its nonprofit owner, CityVest, so the site can be marketed and sold to a private developer.

Read more:   http://www.timesleader.com/news/local-news/715688/View-from-River-and-Market-is-optimistic

Wilkes-Barre Mayor Has Heard From Potential Developers About Hotel Sterling Site

English: Hotel Sterling, Wilkes-Barre (Photo credit: Wikipedia)

WILKES-BARRE —Mayor Tom Leighton called it “a historic day” for the city, but also “a sad day” for the community.

As workers from Brdaric Construction Co. began to dismantle the former Hotel Sterling,  Leighton talked about the future and the potential for the historic site located at a gateway to the city’s downtown.

The mayor said he has heard from potential developers, but he declined to go further, saying it was premature to discuss what might happen once the building is down and the site cleared.

State Rep. Eddie Day Pashinski, D-Wilkes-Barre, called the site “the most valuable real estate in Luzerne County.”  He said he’s confident the city will find a quality developer.

Read more:  http://www.timesleader.com/news/local-news/703044/As-Sterling-falls-Leighton-keeps-future-in-mind

Wilkes-Barre Gets Final Funding Needed To Raze Dilapidated Hotel Sterling By Early Summer

English: Hotel Sterling, Wilkes-Barre (Photo credit: Wikipedia)

WILKES-BARRE, PA — Demolition of the historic Hotel Sterling, once a grand city landmark that has fallen into disrepair and become a dangerous eyesore, should begin by late June to mid-July, the city has announced.

The city on Monday received an official release of about $400,000 from the U.S. Department of Housing and Urban Development that is the final piece of funding needed to cover demolition.  The city will advertise for demolition bids this week, city Municipal Affairs Manager Drew McLaughlin said.

The funding is a portion of the city’s annual Community Development Block Grant allocation from HUD for removal of blighted properties.

“We are nearing the final stages of this demolition,” Mayor Tom Leighton said in a prepared statement.  “This has been a top priority since the flooding of 2011.  We all look forward to the day when the public safety threat has been addressed and the detour in downtown Wilkes-Barre is lifted.”

Read more: http://www.timesleader.com/news/local-news/511398/Sterling-demo-date-edges-closer