E. ALLEN TWP., Pa. – The Northampton Area School District Board of Directors approved the sale of district property to a Lehigh Valley developer Monday night.
The agreement of sale with Greystone Capital Inc. involves the former Washington Technology Center building and lot located at 2389 Main St. in Northampton Borough. Greystone is led by developer Lou Pektor.
The deal is worth $1.05 million. The building had been on the market for $1.39 million. The property is located in the borough’s R-3 Residential zoning district, which permits by-right uses of multi-family residential and apartments, as well as senior housing as a conditional use…