Friday, June 13, 2008

stambaugh building: week 2: late friday update

For those of you around the region and country catching up on the status of the Stambaugh Building through the blogs, here is the latest:

The Vindicator reports tonight a tentative compromise deal was hashed out Friday afternoon at City Hall:
"Louis A. Frangos, co-owner of the Stambaugh Building, agreed to a city plan to repair window sashes so windows removed from the historic structure can be put back in place.

If the windows or sashes are damaged beyond repair, Frangos will install either Plexiglas or new glass windows."

"An assessment of the 531 windows on the upper 12 floors of the 13-story building will begin Monday."
An impressive three additional stories by the Business-Journal went up within 8 hours today, one here on tax problems in Cleveland and one here and one more here outlining additional details of Friday's meeting at City Hall:
"Mayor Williams said another meeting between Frangos and the city is scheduled for next Friday to iron out final details. “We are satisfied with the direction he’s heading,” the mayor said.

Demolition of the landmark building is not an option, the mayor stated. “In the interim, we’re looking at the securitization [security] and preservation of the building.”"
Forecast tonight: severe thunderstorms

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