CT Century Gardens, run by Albert Gad, has been fighting the condemnation in state Superior Court since January and also earlier this month placed the factory on the market for $6.5 million. While CT Century Gardens wants $6.5 million, the building has been appraised by the city’s tax assessor at $1.9 million. “Someone’s not going to be able to come in there and buy that and rehab it at their price. It wouldn’t make economic sense,” Bridgeport Economic Development Director Thomas Gill said in an interview late last week. Meanwhile a remote court hearing on the condemnation and pending demolition was scheduled for Tuesday. According to the Bridgeport tax collector’s online database, which covers 2016 through present, CT Century Gardens has mostly kept up with the tax bill for the property, most recently paying $65,639. But a lien was placed on the site for 2020’s tax payment. No additional information was immediately available.
https://www.ctpost.com/news/article/bridgeport-seeks-demolish-long-abandoned-warnaco-18095794.php?src=rdctpdensecp