Basket building sale pays taxes, not Longaberger
Basket building sale pays taxes, not Longaberger
NEWARK – The recent sale of the Longaberger basket building paid all property taxes owed to the county, will provide some compensation to the city and left almost nothing for Longaberger's parent company.
The famous, seven-story basket-shaped building on Newark's eastern edge sold Friday for $1.2 million to Steve Coon, a Canton-based developer who owns Coon Restoration, and his business partner, Bobby George, of Cleveland.
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