The state General Services Office conducted an auction today to sell the Whitehall Armory.
The Whitehall Armory was auctioned off today. The property had a $75,000 minimum bid, and required a $7,500 deposit to take part in the auction.
Bidding started at noon and the winning bid was $165,000 and was placed by a Vermont business man.
There were a number of bidders who drove the price up.
The Whitehall armory was designed by New York State Capitol architect Isaac Perry, who also designed 27 state armories from 1889 to 1899, according to a state public auction marketing kit.
More to come………………….
Update 1:20 PM
I confirmed with Heather Groll, spokesperson for the General Services Office, that the winning bid was placed by Gregory Gross who bid $165,000 and indicated he intends to create some type of sports/fitness facility.
There were a total of seven registered bidders.
Update 1:40 PM
Ms. Groll had this to say to me about today’s auction.
“The success of today’s auction is a win-win for the community and the state. The community will benefit from having this building back on the tax rolls and the State will no longer need to maintain an empty building.”
“We will go through the standard property closing process with the high bidder and anticipate a closing over the next several months.”