PORTLAND, Ore. — The new owners of a graffiti-covered building in Northeast Portland hope the historic structure can be renovated into affordable housing.
In October, the old Gordon’s Fireplace Shop building in Northeast Portland sold at auction for $575,000.
Court records identified the winning bidder as Portland real estate developer Tony Ngo. Ngo told KGW he and a group of business partners purchased the property with plans to facilitate its sale to the non-profit Do Good Multnomah. Ngo said Do Good Multnomah plans to renovate the building into affordable housing for homeless veterans…