ANSONIA >> The city is set to begin negotiations with a local developer boasting a “proven track record” who wants to transform two long-vacant buildings downtown into a mix of retail, restaurants and apartments.
The Board of Aldermen unanimously voted during its meeting Tuesday to authorize Mayor David Cassetti and his staff to begin negotiations with Woodbridge developer Jerry Nocerino regarding the sale of the Ansonia Technology Park, known as the ATP building, and the Palmer Building.
The sprawling, city-owned buildings at 497 E. Main St. and 153 Main St. have remained unoccupied for years, despite several attempts by the city to sell them. Cassetti put out a request for proposals in March to sell the properties, which comprise about 100,000 square feet, and received just two bids.
Nocerino and his business partner Charlie Smith were the successful bidders. The other bidder, Hamden developer Moustapha Diakhate, failed to provide a legal bid, officials said. He did not provide the mandatory $10,000 refundable deposit that was required to accompany the bid, which officials said also was unsealed. Economic Development Director Sheila O’Malley said both requirements were included in the bid specifications.
Read more here.