Tag Archives: surplus properties

City gearing up for “rummage sale” of surplus properties

suzukimap

The 14-acre Suzuki property on New Brooklyn is one of eight properties the city is aiming to sell in the coming months.

Councilman Bill Knobloch calls it a “rummage sale” of sorts, where the city cleans out its large inventory of under-used properties.

Valued at $5.4 million, the Suzuki property’s sale could mean a lot for the city’s beleaguered budget.

The city’s in negotiations to sell parts of three smaller properties near the head of Eagle Harbor and Vincent Road.

For more, read my story here.