New Futures for Old Buildings

Gossips has just learned that the sale of the surviving building of the Hudson River Knitting Mill on North Front Street to Rob Kalin, founder and former CEO of Etsy, closed last week. Word is that Kalin intends to use the building for his new venture, a not-for-profit called Parachutes. The mission of Parachutes has been described as "empowering people around the world to learn and teach what they desire, to showcase their capabilities, and to make a living doing what they love."

On his blog, Word on the Street, Scott Baldinger reports the rumor that Eleanor Ambos is in final negotiations to sell the Pocketebook Factory on North Sixth Street to the Seattle-based Ace Hotel Group: "Ace Is the Place." 

Photo of the Pocketbook Factory by Scott Baldinger