Former Home of Adelphia Is On the Market Again

Buffalo NewsAugust 31, 2011

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Summary


The palatial former headquarters of Adelphia Communications in Coudersport, Pa., a symbol of the Rigas family's fallen cable TV empire, is again up for auction.

The property is being sold through a sealed bid process with a suggested starting price of $1.5 million, far below its reported $24 million construction cost. Bids are due to the firm running the auction, Sheldon Good & Co., on Oct. 6.

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Extract


Former Home of Adelphia Is On the Market Again

The planned auction revives memories of the late 1990s and early 2000s, when the Rigases were akin to royalty in Coudersport and were leading business ...

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