Demolition Prep Resumes at Old Binghamton Hotel
Crews are back at work at the site of the former Sheraton Inn complex on Binghamton's West Side.
Preparations continue for the planned demolition of the abandoned seven-story structure at 50 Front Street.
Workers on Thursday were removing brush and debris next to the building ahead of planned asbestos abatement project. Removing the asbestos could take two to three months.
Newman Development Group of Vestal is preparing to acquire the property from the Broome County Land Bank.
Margaret Scarinzi, Land Bank executive director, said the transaction is expected to be completed early next month.
The developers have plans for a $20 million residential and commercial complex at the site. They say it will be called River Landing at 50 Front.
The facility is expected to include 118 apartments and 10,000 square feet of commercial space.
The old building opened in 1959 as a Sheraton Inn. After the hotel closed, the site had various uses. It has not been in use for several years.
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