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Historical musical landmark in Syracuse on the market; attracting attention from potential developers

The iconic, old piano factory, formerly standing tall in Franklin Square, remains one of the few undeveloped structures within the area.

Musical history of Syracuse heading toward sale, attracting developers' attention
Musical history of Syracuse heading toward sale, attracting developers' attention

Historical musical landmark in Syracuse on the market; attracting attention from potential developers

In the heart of Franklin Square, New York, a piece of music history is up for grabs. The historic self-playing piano building located at 156 Solar Street, Syracuse, has recently been listed for sale at an asking price of $3.5 million.

This grand structure, one of the last unredeveloped buildings in the area, once served as a production site for self-playing pianos, a technological innovation that was popular in the late 19th and early 20th centuries. Known as player pianos, these instruments represent an important chapter in music history.

The building's sale opens up possibilities for redevelopment, preservation, or repurposing. Interested buyers, particularly those with a penchant for historic properties or musical heritage landmarks, may find this opportunity appealing.

While the exact history and future development plans for the building are yet to be confirmed, it's not hard to imagine the building being transformed into a museum, performance space, cultural centre, or even a mixed-use real estate project incorporating retail or residential units. Preservation societies might also take interest in restoring the building to its former glory.

The building's ownership is held by 156 Solar Street LLC. As of now, the building stands vacant, waiting for its next chapter.

Meanwhile, downtown Syracuse is buzzing with development. A proposed project is set to receive a $28M tax break, aiming to create 75 apartments for a historic building near I-81. Elsewhere in the city, the Crucible plant, an abandoned site, has a new owner with an early vision for a steel mill, hotel, and brewery.

In other local news, a local group has agreed to purchase Cazenovia College, with details on the cost and plans yet to be disclosed. And in a less fortunate turn of events, a CNY Regional Market has sold a warehouse it never used, incurring a $200k loss.

As we await more details about the future of the self-playing piano building, music enthusiasts and history buffs alike can only wonder about the melodies that once filled its halls and the stories that its walls could tell.

Investors with a keen interest in preserving musical heritage landmarks may consider the $3.5 million real-estate listing for the self-playing piano building in Franklin Square, NY. The once-productive building is now a vacant structure that could be repurposed as a museum or performance space, or even a mixed-use property integrating home-and-garden elements, such as a residence or garden dedicated to celebrating the history of player pianos.

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