For Sale: Slightly damaged school house

Update on the Grove Street School, after all the heartburn, seems the owners are now willing to sell:

Dear Friends,

This was sent today (May 5, 2008) from Deming Sherman regarding the court issues and purchase of Grove St school. There needs to be a buyer offering a bid with serious intentions soon. This may be a problematic development effort but the rewards are deeply important to Federal Hill as well as the preservation of many other neglected and abused buildings in the city.

Your help, insight, forwarding onto others are all important. But most importantly, we need someone who is willing to take the risk and can work toward success here.

Anne Tait (see below)

May 5, 2008

To all: We had a mediation session this morning with the Supreme Court (retired Chief Justice Weisberger). There is going to be an interim order entered that allows us 30 days to seek a buyer for Grove Street School (and an additional 15 days if someone is seriously interested). The Tarros are prepared to sell the property (no set price, although it is appraised at $225,000, but likely can be purchased for less) since it can’t be demolished at least at this point. So here is an opportunity to get preservation folks to come forward! I can arrange for inspection and will give out structural reports and ther information. We need a creative solution here, because I fear that sooner or later, the building will be demolished if we can’t find a solution.
Deming

Deming E. Sherman
Partner
Edwards Angell Palmer & Dodge LLP

If someone is willing to lend us a quarter million dollars, this would make an excellent global HQ for Greater City Providence. We’ll have everyone ’round for beers, we promise!