Downtown Troy Landmark Has A New Owner

It's faced bankruptcy, foreclosure and even two devastating fires (although those were in the mid-19th century). Now, after dozens of potential buyers considered but did not buy, the historic Cannon Building has sold for its full asking price of $2.5 million.The new owners, Minnow Associates, are from Brooklyn, said Dan Slote, who with Kevin Phillips, both of NAI Platform, brokered the deal.

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Topics:  New York   Albany County   Albany   
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