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Montgomery County Looks to Sell One Montgomery Plaza

Montgomery County officials want to sell One Montgomery Plaza. Last week, the County Commissioners issued a request for proposals from real state management companies that would buy the multi-story building and lease it back to them. The principal office building of the county is in need of as much as 18-million dollars in repairs and county officials say the sale-lease back option would allow them to swap the capital cost involved with the renovations for a monthly rent payment. Commissioners Chairman, Josh Shaprio says, it’s an idea worth looking at.

“We think there’s some scenarios out there where the county taxpayers could actually be better off in a sale-lease back situation. It’s important to note that other municipalities have explored this. We’ve seen Chester County do this.”

Shapiro also notes that selling the building would put it back on the tax rolls and generate additional revenue for both Norristown and Montgomery County

WNPV AM 1440 Last-minute change to today's "Legally Speaking" show ... open phones with Bill Moore and Liam Duffy of Rubin, Glickman, Steinberg, and Gifford. Call now with your legal questions ... 215-855-8211.
WNPV AM 1440 You may have seen EMQ playing in the concert series in Lansdale Plaza this year. If you have a chance to listen to a fun interview in our archives, choose this one with Eric Mintel and visit to see an exhaustive list of December shows from Doylestown to Lansdale, Phoenixville to Allentown and all throughout the New England states! Don't miss them live at Penndale Middle School on Dec 21st. Listen==>
WNPV AM 1440 Tune to 1440 AM tomorrow at 11:10 AM for "Legally Speaking" hosted by attorney Bill Moore. His guest will be Paul Gunter, associate broker at ReMax Centre.
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November 11, 2015 Jay Glickman inteviewing Sarah Bergin on Legally Speaking WNPV AM 1440 - Radio Station in Lansdale, PA 215-855-8211
Univest Corporation Our own Bill Van Sant was on WNPV AM 1440 talking about the markets including the impact of recent world events. Listen at the link below.
November 18, 2015 Bill Van Sant WNPV AM 1440 Radio Station in Lansdale, PA 2158558211

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