Historic Griffin Motor Company Building Qualifies for Tax Credits
1 report, 1 independent
Updated Wed 00:00
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What happened
The historic building of Griffin Motor Company, which has been on the National Register of Historic Places since 2018, is back on the market. The property qualifies for tax credits due to its historic listing. The building, which opened in 1951, was previously sold for restoration but the plan stalled due to economic issues related to COVID-19.
From postandcourier.com
Why it matters
The building's qualification for tax credits offers a financial incentive for future buyers to restore the property. However, the listing does not prevent developers from tearing down the structure.
From postandcourier.com