Local business owners buying upstate city's sports, concert venue; $600K bid accepted

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GLENS FALLS, New York — Elected officials in an upstate city have voted to sell its aging sports and concert venue to a coalition of local business owners.

The Post-Star reports (http://bit.ly/1wtqGtt ) that the Glens Falls Common Council on Tuesday awarded the bid for the Glens Falls Civic Center to the Coalition to Save Our Civic Center.

The coalition of 30 local business owners bid $600,000, with two-thirds of it to be paid by the spring. Adirondack Sports & Entertainment, the only other bidder, bid $800,000 to purchase the building outright.

The 4,800-seat Civic Center opened in 1979 as the home of the Detroit Red Wings' minor league affiliate. The arena is now home to the Calgary Flames' American Hockey League affiliate.

The venue also has hosted concerts and the state high school basketball championships.


Information from: The Post-Star, http://www.poststar.com

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