Monday, March 30, 2015

Catching Up With Galvan

Gossips has not been monitoring the acquisitions of the Galvan Initiatives Foundation for a while, but a comment by Galvan special adviser Rick Scalera, quoted by John Mason in his article about Galvan properties last week, inspired a return to the topic. These days, the Galvan Foundation seems to have shifted its acquisitive focus from Union Street and the First Ward to the neighborhood immediately surrounding the Armory. Scalera mentioned 449 Prospect Street, adjacent to the backyards of 67-71 North Fifth Street, and predicted that this house, which he called a "sturdy house . . . with a lot of promise," may be the next Galvan property to be renovated. According to public records, Galvan acquired the house on January 12, 2015.

There are rumors that Galvan is buying up all the houses on Short Street, behind the Armory, but so far, the tax rolls indicate that only one of the houses is now owned by the Galvan Initiatives Foundation. It was purchased on December 11, 2014.