Baltimore May Sell Historic Landmarks to raise cash in desperate times
Published by Julia Volkovah under FINANCIAL EVENTS on 12:22 AM
BALTIMORE (WJZ) — More than a dozen historic landmarks in Baltimore may be up for sale soon.
But as Gigi Barnett reports, the city first wants to know how much they will bring in first.
The city says its historic buildings are a liability, an eyesore and a drain on its pockets.
Baltimore’s Shot Tower was the tallest building in the nation back in 1828 and became a national historic landmark in the early 1970s. The city says it wants to know how much the Shot Tower is worth to a private developer.
“We have some great properties in unique locations and we hope we can find the right kind of marriage to make it work,” said City Director of Planning Thomas Stosur. Read More
But as Gigi Barnett reports, the city first wants to know how much they will bring in first.
The city says its historic buildings are a liability, an eyesore and a drain on its pockets.
Baltimore’s Shot Tower was the tallest building in the nation back in 1828 and became a national historic landmark in the early 1970s. The city says it wants to know how much the Shot Tower is worth to a private developer.
“We have some great properties in unique locations and we hope we can find the right kind of marriage to make it work,” said City Director of Planning Thomas Stosur. Read More