JAMESTOWN – The Jamestown Post-Journal is reporting that a new buyer has come forward for the historic Sheldon House property on the city’s north side.
During Monday’s Jamestown City Council Finance Committee meeting, officials will learn more details about a resolution proposing Edward Signorile to purchase the property at 9 Falconer St., for $240,000.
JCC officials have been trying to sell the Sheldon House since the end of 2015.
The Lynn Development Group had initially offered to purchase the home, but because it had planned to use it for commercial purposes rather than residential use, a group of residents fought against a zoning variance for the property and were ultimately victorious in that effort.
As a result the Lynn Group pulled its offer and JCC officials were left back to square one, trying to find a buyer.
Monday’s Finance Committee meeting begins at 7:15 p.m. in the DPW Conference Room “A”, 4th Floor of city hall. The regular city council work session will begin at 7:30 p.m. Both meetings will be open to the public.