eye-3-yellow-3d-2-new-logo philly_kyw_new philly_94wip_new 35h_cbssportsrad_philly philly_wpht_new
NOW LIVE: Eyewitness News


Phila. School District Says Buyers Are Interested in Its Vacant Buildings

(The former Germantown High School.  File photo by Carrie Hodousek)

(The former Germantown High School. File photo by Carrie Hodousek)

Mike DeNardo Mike DeNardo
Mike DeNardo, a veteran of KYW Newsradio for more than 25 years,...
Read More

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

By Mike DeNardo

PHILADELPHIA (CBS) — We now know a little more now about the Philadelphia School District’s efforts to plug its budget gap by selling shuttered schools (see related story).

Bidders had until December 17th to express interest in buying any of the 28 surplus school buildings.   Now, for the first time, the district is disclosing how many offers came in.

“We have 20 offers that were made for a total of seven properties that were up for expedited sale,” says school district spokesman Fernando Gallard.  “We also have 18 responses for 21 properties for which we were asking for an expression of interest.”

The district was also looking for offers on the entire portfolio of buildings, but Gallard wouldn’t comment on whether any offers were made to buy all 28.

A spokesman for Mayor Nutter says, “The city is encouraged by the response.”

The district has to clear $61 million from building sales this fiscal year.  If not, the city has promised to make up the difference.


Get every new post delivered to your Inbox.

Join 31,936 other followers