No Bidders At Glens Falls Civic Center Auction
No one wants to buy the Glens Falls Civic Center.
No bidders showed up for Monday's 11 a.m. auction, where the minimum bid to buy the city-owned arena was $1.5 million. The cash-strapped city has been moving to unload the arena, which it says loses money, in recent weeks.
The city will now make a decision about what comes next in the coming week. The Coalition To Save Our Civic Center says it hopes to keep the arena operating as a regional asset and is raising money, so far $600,000, in hopes of preventing the sale to a private entity.
The arena hosts minor league hockey, concerts, high school basketball and other events.