DETROIT (WWJ) – If you’ve ever dreamed of owning a skyscraper, a historic building in downtown Detroit could be yours — if you happen to be a millionaire, that is.READ MORE: COVID-19 Vaccines Saved Nearly 20 Million Lives In First Year, Study Says
The Fisher Building, on West Grand Boulevard in the heart of the city’s New Center area, is going on the auction block this summer, along with the neighboring Albert Kahn Building, according to a report in the Detroit Free Press.
The Fisher, the seventh tallest building in Detroit, opened in 1928 and was designated a National Historic Landmark in June 1989. The current owners, a real estate brokerage and investment firm, bought the 29-story Fisher and 10-story Kahn buildings for $31 million about 15 years ago — but both buildings are now in foreclosure.
It’s not yet clear what kind of a price tag the buildings are going to carry, but both are expected to be listed this June on an online auction website.READ MORE: Michigan Ballot Initiative Aims To Protect Abortion Rights
Many residents, like Melissa King, were stunned to learn the landmark skyscraper is in foreclosure.
“Really? Oh my god,” King told WWJ’s Vickie Thomas. “Yeah, if I could afford it and knew what to do with it and had the funds to do what I wanted to do, yeah I’d buy it. But I’m a working girl so that’s not happening.”
“Oh my god, no!” Orlando Jones said. “If I had the money, I’d turn it into a mall. Detroit ain’t got no malls. It’s stupid. This is like the only big city without major transportation, without malls. I mean dang, we’re like a second-rate city.”MORE NEWS: AG Nessel Says Abortions Are Still Legal In Michigan