Ask Joe: Downtown Post Office Sale

Reported by: Joe Hart
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Updated: 8/29/2012 6:41 pm

A viewer who did not want her name used wrote in asking about the status of the sale of the downtown post office ? 
She says she thought the deal was supposed to close two months ago.

I checked into this and found the deal did have to be extended but it is now set to close on August 30th.
 The buyer is 50 south virginia street L.L.C. and one of the partners in that deal is Bernie Carter, who happens to be running for a seat on the Reno City Council.
  The group bought the post office for $1.25 million according to the city,  and plans include some high end retail space.   But Sharon Spangler with the city of Reno told me she hasn't seen any specific plans from the developer.
  Again the deal is set to close August 30th so we may hear more on what the plans are for that building coming up in the near future.

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