OLEAN — The Olean Urban Renewal Agency took steps Wednesday to move forward with a roof stabilization project at the former Manufacturers Hanover building and root out the cause of a sinking sidewalk in front of the former bank.
Keri Stephens, Olean Community Development program coordinator, obtained quotes for work to determine the condition of the concrete parapets and terra cotta cornices around the top of the bank, which opened in 1915.
The work is important to complete before a Manny Hanny developer, the Savarino Companies of Buffalo, can proceed with the $13 million redevelopment of the building, vacant since 1994.
The work is necessary to update the bid documents for the $700,000 roof stabilization project the URA hopes to undertake this summer, Stephens told board members.
Olean Times Herald
