April 30, 2013

Old Press building sold... sort of

The old Bristol Press building
A land sale of $1,050,000 last week appeared on its face to show that the old Bristol Press building at 99 Main St. had changed hands.
The Journal Register Co., the paper's former owner, sold it to something called 99 Main St. LLC.
But it turns out that 99 Main St. LLC is headquartered in New York City at 5 Hanover Square on the 25th floor, which happens to be the same address as Digital First Media, a company that owns the JRC.
So it was just a paper transaction of some sort, perhaps related to the JRC's recent escape from bankruptcy proceedings.

Copyright 2013 All rights reserved. Contact Steve Collins at scollins@bristolpress.com

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