No winning bidder on St. Regis property

Published 6:00 pm Wednesday, December 30, 2015

According to the online real estate auction, Atlantic Asset Management Group, Inc., there was no winning bidder for the St. Regis Property.

According to the online real estate auction, Atlantic Asset Management Group, Inc., there was no winning bidder for the St. Regis Property.

FRANKLIN
The St. Regis Property was placed in an online auction hosted by Atlantic Asset Management Group, Inc., that began Dec. 1, and ended, Dec. 15. According to a spokesperson for the company, there was no winning bid on the property.

The spokesperson said that only one person put a bid in during the live auction, but then backed out. This means that the property is still in the hands of the current owner, David DiPaolo.

A phone called was put in to DiPaolo regarding what the next step for the property would be, but as of Tuesday afternoon, no calls had been returned.

More information on the property will be reported as it becomes available.