A downstate developer brought in to facilitate the flagging efforts to rebuild the historic Woolworth Building in Watertown is now buying the structure himself and is moving ahead trying to line up more financing to augment a state grant reserved to rebuild this bit of the city's past.
David Gallo says his firm is buying the building from Michael Treanor who has done other buildings locally but had not made progress of late on this one.
One bit of good news is Mr. Gallo doesn't want the City bus stop moved as he feels is would be a convenience for his tenants right where it is.
Mr. Gallo is expected to provide City Council with an update on his plans at a meeting later this month. I met with him Thursday as he was giving some people a tour of the building which is starting to show signs of degredation.