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Lower Street 'trio' buildings face possible foreclosure; landmark protections noted
Summary
City officials told a May 29 Special Committee on the Future of Downtown meeting that foreclosure proceedings tied to unpaid liens on three historic Lower Street buildings continue and that auction is possible in the coming months.
City officials updated the Special Committee on the Future of Downtown on May 29 about foreclosure and code‑enforcement activity related to three historic Lower Street buildings commonly referred to in the meeting as the "Lower Street trio."
Mike Weinstein of the mayor's office told the committee that foreclosure proceedings are moving forward because of liens tied to code violations and unpaid fines; if foreclosure concludes successfully the properties could be sold at auction at the courthouse in a matter of months. Weinstein said the city has met with potential purchasers, that the administration continues to pursue foreclosure to…
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