Buildings in downtown Pittsburgh are reflected in the windows of the August Wilson Center for African American Culture on Oct. 2. (AP Photo/Keith Srakocic)
PITTSBURGH (AP) – An Allegheny County judge is expected to approve a deal by a consortium of charities to buy Pittsburgh’s August Wilson Center for $8.85 million.
The five-year-old center is named for the late, black Pulitzer Prize-winning playwright and Pittsburgh native. But it’s been plagued by financial and attendance problems and was scheduled for a Nov. 3sheriff’s sale to satisfy a $7.9 million mortgage default.
Instead, a coalition of charitable foundations plans to close on the center Oct. 31 and keep it open, but Allegheny County Judge Lawrence O’Toole must first approve terms of the deal on Monday.
O’Toole had scheduled a trial to determine whether the charities or a New York developer should be allowed to buy the center to prevent a sheriff’s sale. But the developer, 980 Liberty Partners, withdrew its bid.
AUGUST WILSON CENTER
80 members
Description
The August Wilson Center for African American Culture and its resident big band, the Pittsburgh Jazz Orchestra
Judge expected to approve August Wilson sale deal
by Dr. Nelson Harrison
Oct 22, 2014
Oct 20, 2014
Buildings in downtown Pittsburgh are reflected in the windows of the August Wilson Center for African American Culture on Oct. 2. (AP Photo/Keith Srakocic)
PITTSBURGH (AP) – An Allegheny County judge is expected to approve a deal by a consortium of charities to buy Pittsburgh’s August Wilson Center for $8.85 million.
The five-year-old center is named for the late, black Pulitzer Prize-winning playwright and Pittsburgh native. But it’s been plagued by financial and attendance problems and was scheduled for a Nov. 3sheriff’s sale to satisfy a $7.9 million mortgage default.
Instead, a coalition of charitable foundations plans to close on the center Oct. 31 and keep it open, but Allegheny County Judge Lawrence O’Toole must first approve terms of the deal on Monday.
O’Toole had scheduled a trial to determine whether the charities or a New York developer should be allowed to buy the center to prevent a sheriff’s sale. But the developer, 980 Liberty Partners, withdrew its bid.