SOUTHINGTON, Conn. (AP) — The future of a Connecticut college campus that closed late last year remains uncertain after a recent auction.
The owners of the campus held an auction in mid-August but bidders failed to reach the minimum starting price of $5 million.
Fontana Fitzwilson, of auction house Williams & Williams, says they are still taking offers.
Edward Robertson, a real estate agent with Coldwell Banker, says he has a signed letter of intent on the 33-acre property.
The town’s economic development coordinator Lou Perillo said he hopes the property remains a for-profit college or becomes a corporate training center.
Lincoln closed at the end of 2018, citing enrollment and financial difficulties.