Business

Lansing Firm Backs Out of Deal to Buy Downtown's Most Dangerous Building

March 06, 2014, 10:29 AM

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Downtown Detroit's  Wurlitzer Building , dubbed the "most dangerous" structure with its crumbling facade, no longer has a buyer.

Louis Aguilar of The Detroit News reports that the leasing firm Kincard Henry Building Group Inc. of Lansing backed out of its  purchase agreement to buy the vacant building at 1509 Broadway, across the street from the Detroit Opera House.  

The 14-story structure, built in 1926, once housed the Wurlitzer Co., maker of organs, pianos and jukeboxes, The News reports.

It has been vacant since 1982 and has been cited in the past several years for emergency violations such as crumbling bricks.

Aguilar writes that structural engineers inspected the building last November and shortly after that the Lansing group changed its mind about buying the building, which is owned by  1509 Broadway LLC.

There has been no public disclosure as to why the Lansing firm backed out.  -- A.L


Read more:  The Detroit News


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