Publisher Hussman profits on Gazette building sale | Arkansas Blog

Monday, March 21, 2011

Publisher Hussman profits on Gazette building sale

Posted By on Mon, Mar 21, 2011 at 8:49 AM

gazette.JPG

George Waldon's real estate column in this week's Arkansas Business reports the sale of the old Arkansas Gazette building at Third and Louisiana to its occupant, the eStem charter school, for $5.3 million. It was valued at $1.1 million when it was among the assets Democrat-Gazette Publisher Walter Hussman received as part his deal with Gannett Corp. to end the Little Rock newspaper war. The building was substantially renovated for conversion to the school and Hussman has been leasing it until now. According to past reporting, he loaned the school $3.2 million, at 6 percent interest, for renovations.

Tags: , , , ,

From the ArkTimes store

Favorite

Comments (25)

Showing 1-25 of 25

Add a comment

 
Subscribe to this thread:
Showing 1-25 of 25

Add a comment

More by Max Brantley

Readers also liked…

  • Kenneth Starr: A comment from Betsey Wright

    Betsey Wright, former President Bill Clinton's chief of staff when he was Arkansas governor, responds bitterly to a New York Times article today quoting Whitewater Prosecutor Kenneth Starr's warm words about Clinton. She can't forget the lives Starr ruined in Arkansas.
    • May 24, 2016
  • Among the last words from Kenneth Williams: 'Finger Lickin' Good Fried Chicken'

    What's purported to be a final-words essay from condemned prisoner Kenneth Williams was distributed today by Deborah Robinson, a freelance journalist in Arkansas.  He reflects on his execution, his victims, reactions of inmates and big servings of fried chicken, which he says are given to all inmates on execution days.
    • Apr 27, 2017
  • John Goodson and others add lawyers for hearing on forum shopping

    Lawyers facing federal court sanctions for forum shopping a class action insurance case have brought in new legal guns from out of state to fight potential sanctions.
    • May 26, 2016

Most Shared

  • Conflicts of interest in the legislatures

    The Center for Public Integrity and the Associated Press collaborated for a project aimed at highlighting state legislators whose lawmaking might be affected by private business interests.
  • Industrial hemp pilot program coming soon to Arkansas

    One of the booths at this week's Ark-La-Tex Medical Cannabis Expo was hosted by the Arkansas Hemp Association, a trade group founded to promote and expand non-intoxicating industrial hemp as an agricultural crop in the state. AHA Vice President Jeremy Fisher said the first licenses to grow experimental plots of hemp in the state should be issued by the Arkansas State Plant Board next spring.
  • Cats and dogs

    I've always been leery of people who dislike animals. To my wife and me, a house without dog hair in the corners and a cat perched on the windowsill is as barren as a highway rest stop. We're down to three dogs and two cats, the smallest menagerie we've had for years.

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation