ILION- The Village of Ilion announced on Monday, they had purchased the former Duofold building with hopes to redevelop the property.
Mayor Brian Lamica said the village bought the lot for a nominal fee. "Is basically the transfer of the deed is all that it cost the village." Hesaid by not doing anything, it would have cost them a lot more. "The property would've fallen into the bankruptcy we would've lost any chance of being able to obtain that property."
The building was home to several businesses over the years, and it's been sitting vacant for 20 years.
He said the ultimate goal is to add new businesses and jobs.
He also hopes there will be reduction in crime.