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Poughkeepsie building sold


Gannettoid.com | news@gannettoid.com | Updated: Aug. 3, 2009 • Afternoon report


The historic building that houses Gannett's Poughkeepsie Journal in New York has been sold, according to the newspaper's Web site, to Page Park Associates, a real-estate development firm based in Pleasant Valley, N.Y.

Earlier Monday, Dutchess County clerk Bradford Kendall replied to an e-mail from Gannettoid.com saying there was no public record of a sale. An anonymous tipster reported over the weekend that the building had been sold. There is no record yet as there is only an agreement in place. The closing is expected to be later this month, according to the paper's article.

UPDATE: New tenant moving into Poughkeepsie building

The building was listed for sale with a price of $5.25 million, according to this posting from LoopNet. More details are also available in a listing by CoStar Showcase.

The paper is the oldest newspaper in New York and the second-oldest in the country, according to the story, behind the Hartford Courant, which started in 1764.

The Journal's building is also historic, having been built in the 1930s and added to the National Register of Historic Places in 1982.

The Journal's story confirms what Gannettoid forum posters have speculated, saying "The paper will occupy more than half of the second floor and the entire third floor of the office section of the building, at 85 Civic Center Plaza. In addition, the Journal will maintain a presence off the lobby for walk-in customers. The production facility will be converted to other uses. The Journal’s printing will continue to be handled off-site."

The LoopNet listing said Gannett was looking to sign a five-year lease to continue using 31,688 square feet of the 72,238 square feet available. The story says two five-year renewal options are included as part of the deal, but do not say who holds the options.

The listing also said Gannett was "in discussions with several additional tenants for the remaining open space."


N.Y. Times profile of Poughkeepsie in 2002


We first sent an e-mail to publisher Barry Rothfeld early July 21 asking for information about this, but we have yet to hear back. Two days later, we passed the question on to Stu Shinske, the paper's executive editor (and director of content and audience development). He responded immediately, but did not provide any help on the question (the text of that brief exchange is below).

Shinske referred us to either the publisher (who we had already tried) or corporate, so we asked Gannett spokeswoman Robin Pence.

Pence responded July 29 by saying, "Nothing I can add regarding Poughkeepsie at this time." That was in response to being provided the same basic information published above when asking for a comment, so it was essentially a "no comment."


DISCUSS THIS STORY AND SHARE INFORMATION HERE

E-mail exchange with Stu Shinske:

On 7/23/09 2:06 PM, "news@gannettoid.com" wrote:
Mr. Shinske,

I run a Web site devoted to news about Gannett (gannettoid.com) and was curious if you could provide me with an update on the Poughkeepsie Journal building.

People have been telling me they believe the building has been sold and I was curious if that is true.

Thanks a lot


2:09 PM, "Shinske, Stuart" wrote:

Hi, what's your name?


2:21 PM, "news@gannettoid.com" wrote:

Hi,

Thanks for the reply.

I run my Web site anonymously for various reasons, including ensuring the real news remains the story.

I asked my question at the request of current and former Gannett employees, including some from New York.

Thanks again for the reply


2:23 PM, "Shinske, Stuart" wrote:

So you don't give out information? I see.


2:34 PM, "Shinske, Stuart" wrote:

Hi, you'd have to reach out to our publisher or corporate. I only handle news and online...Sorry.


2:38 PM, "news@gannettoid.com" replied to Shinske's 2:23 note:

Actually, I've given out a lot of information. You just happened to ask a question I don't answer since who I am doesn't really matter. I think it's fair to remain anonymous because I don't attack, post opinion or ask any unfair questions.

If you have any questions about information I've given out, please contact Gannett spokeswoman Robin Pence. She has answered many of my questions. I have not asked her the question I asked you because I thought it was fair to ask the individual site that question before asking her for a comment.

If you have any other questions, I'd love to help by giving out relevant information.

Thanks again for the reply


2:39 PM, "news@gannettoid.com" replied to Shinske's 2:34 note:

I'm still waiting for a reply from an e-mail I sent your publisher early Tuesday. My last e-mail addresses why I tried you before corporate

Thanks


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