The Free Press Building has a new owner. After three days on the auction block, a winning bid of $4.025M prevailed over a flurry of last-minute bids. That's just below the highest bid from last year's auction, where the Free Press Building would've sold for $4.15M had it not been for a higher reserve price (the current auction had no reserve). The winning buyer's identity is not yet known, but here's to hoping they've got the chops to take advantage of this Kahn-designed building's unique layout and pre-approved tax breaks.
· Previous Free Press Building Coverage [Curbed]
· Former Free Press building gets $4.025M winning bid [Det News]