By MARK TODD - Staff Writer - mtodd@starbeacon.com Star Beacon
The city is pursuing foreclosure on the owners of the Novis building, Broad and Jackson LLC, to recoup some of the $283,000 spent to demolish the old Astatic building a few years ago.
Council was cordial but cautious. Ward 3 Councilman Greg Mooney said the city needs assurances the investors behind the plan aren't the same people involved in Broad and Jackson.
Rowe said he understood council's hesitation and felt future dialog would be helpful. "We would be willing to craft a certain set of assurances through discussions that would give both sides comfort, he said.
The investors would like to move on the Rhode Island/Tartan takeover by the end of the year, Rowe said.
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