Cooper Building sold, part to be torn down -, Albany News, Weather, Sports

Cooper Building sold, part to be torn down

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The closed Cooper Tire Plant in Albany was sold for $8.5 million to an Illinois Real Estate company in a deal that could mean more jobs for the region.

Hilco Real Estate of Northbrook, Illinois bought the plant which shut down two years ago leaving 1,400 people out of work.

Cooper still uses 400 thousand square feet of the facility as a distribution center and will continue to lease that space from Hilco.

Hilco's Executive Vice President Richard Kaye tells us they hope to put one or more other tenants in the building.

They've already got some interest.

A portion of the structure will be torn down and redeveloped.

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