This follows Greystone's purchase of Scranton's largest downtown office building from the Scranton school board. It paid $200,000, plus $679,000 in back taxes for the 168,000-sf Connell Building. Nearly vacant, it contains a mix of retail, residential and office space.

Of Scranton, Wolfington says, "I like the area." The Connell Building is located one block from the new Scranton Hilton & Conference Center. Greystone will vacate the Connell to make way for total renovation that Wolfington estimates will cost between $10 million and $12 million. On completion, it will continue to contain a mix of retail, residential and office space.

The Corning property could someday have an even more diverse mix. In all, the existing plant contains about 23,000 sf of finished office space and a 21,700-sf mezzanine within 121,000 sf of modernized area in addition to approximately 215,700 sf of shell warehouse space.