Could Syracuse Gear Factory owner’s latest purchase keep a beloved hardware store in business?

Syracuse, N.Y. – Rick Destito, the entrepreneur who turned a dilapidated former gear factory into a place for artists to live and work, is considering building similar space in a historic building next door.

Destito purchased the soon-to-close City Hardware store next to his Gear Factory artist studios in the 200 block of South Geddes Street for $480,000 on Oct. 2.

City Hardware’s owner, John Calley, announced last month that he plans to close the store on Oct. 17. His family has operated the store for 79 years, the last 38 years at its current location…

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