The building has been a neighborhood owned asset since the late 1970s when it was acquired by a neighborhood based not for profit organization to serve a social service center and later a cultural center. Today, the building faces major challenges including the need for significant re-investment to address its seismic vulnerabilities, obsolete systems and significant deferred maintenance issues.
The NNCC Board has determined that the best way to preserve this historic property for the future and to return significant value to the neighborhoods from which NNCC draws its members will be to find a new, preservation oriented owner for the property. To achieve this end, the Board has retained a real estate broker and the building is for sale.
If and when there is a sale, the proceeds of the sale will be used to endow a neighborhood benefiting fund or trust designed to provide long term benefits to the neighborhoods from which NNCC draws its members. Both the NNCC Board and NNCC members must approve any sale.
NNCC is using e-mail to keep its members informed of developments relating to any sale and the effort to establish the neighborhood benefiting fund or trust. However we lack e-mail addresses (or currently valid e-mail addresses) for a majority of our members. If you are already a NNCC member, you can share your e-mail address with us by going to the NNCC web site home page – www.nnccpdx.com and scroll down to “Subscribe to the NNCC mailing list..,” and complete the form found there. NNCC’s mailing list is intended for NNCC members only.
If you are not yet a member of NNCC, details of how to become a NNCC member are on the Membership page of our website – www.nnccpdx.com/membership/