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Jail In Yonkers, N.Y., Is Put On The Real Estate Market

NPR
Thursday, September 19, 2013

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

Officials are asking for $2.5 million for a building that may need renovation, but does have a Hudson River view. The inmates will be moved out on Sunday.

Transcript

STEVE INSKEEP, HOST:

Good morning, I'm Steve Inskeep.

The key to the real estate is location, location, location. In this case, the location is a jail. Authorities in Yonkers, New York put a lockup on the market. They're asking two-a-half-million dollars for a building that may need renovation, but does have a Hudson River view. Rent laws can make it hard for the buyers of a building to evict the old tenants, but not in this case. We're told the inmates will be moved out on Sunday.

It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

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