Dollar Bank buys August Wilson Center for $1,912.50

DSC05886From the Pittsburgh Post-Gazette: “The August Wilson Center for African American Culture on Monday remained in the hands of the bank that bought it at sheriff’s sale earlier in the day.

“Dollar Bank, holder of the center’s $7.9 million delinquent mortgage, purchased the property on Liberty Avenue, Downtown, for $1,912.50 — the taxes and costs associated with the sale — at the public auction. There were no other bidders.”

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