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Mercyhurst wants North East campus value lowered to match sales price

Mercyhurst wants North East campus value lowered to match sales price
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Downtown North East sees 'boom' as new businesses open, old ones expand

Downtown North East sees boom as new businesses open, old ones expand
NORTH EAST Michael Yori was still a teenager when he and his then-girlfriend, Lynn Yori, opened Michael s Pizzeria on South Lake Street in November 1987.
Yori, now 52, has seen a lot of businesses come and go from downtown North East over the past three and a half decades. He s got one word for what he s seeing now, though: A boom.
I don t think we ve seen this in 20, 25 years, where it seems like all of a sudden everybody wants to do something nice and make North East the place you want to show up to and be here, said Yori, who also owns Yori Wine Cellars. The more businesses that come, the more people it attracts and that benefits all of us. ....

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St. Mary's Chapel at Mercyhurst North East campus holds final service

Memories came flooding back to Tricia Mahoney on Thursday as she sat quietly inside St. Mary s Chapel on the North East campus of Mercyhurst University.
Mahoney, 59, of North East, grew up in the church. Her parents were married there. Their funerals were held there, too. Her father coached the St. Mary s boys basketball team from the 1960s to the 1980s. She couldn t count the number of weddings and baptisms she attended in the iconic chapel that has played such an important role in her life.
This place is home, said Mahoney. it is so much more than just a building. ....

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Mercyhurst North East: Baltimore-based Blue Ocean in talks to buy school campus

The parent company of S.P.I.R.E. Institute, a sports training and education mega-facility in Geneva, Ohio, has been in talks for months to buy the Mercyhurst North East campus, an 84-acre historic property that was once home to St. Mary s Seminary.
If the sides can finalize a deal, Baltimore-based Blue Ocean Investments, a real estate investment and management company, could acquire the campus in the heart of North East less than two years after Mercyhurst University announced plans to close it.
We’re currently conducting some feasibility studies around the property, and evaluating its potential, Blue Ocean President and CEO Jonathan Ehrenfeld said in a statement to the Erie Times-News. We’re grateful for the support and enthusiasm from the community at large and hope we can be a part of the continued preservation and growth of the Mercyhurst campus.” ....

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