The borough of Emmaus, Pa., has agreed to buy the former headquarters of publisher Rodale Inc. for $2.95 million,
New York
Post
“Media Ink” columnist Keith J. Kelly reported.
The original asking price was $3.49 million, Kelly noted.
Rodale moved out of the building, which sits on 5 acres, in 2012. Emmaus plans to base its police and fire departments there, the report said.
After the company moved out, part of the building was rented to a charter school; the rest was unoccupied, the article said.
“The cash from the selloff may come in handy this year as CEO Maria Rodale is taking the risky move of suspending publication of the company’s original title,
Organic Gardening
, with plans to use the subscription list to launch a new lifestyle magazine to be called
Rodale’s Organic Life,
” Kelly wrote. (Source: “Media Ink,”
New York Post
, Jan. 22, 2015.)
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