City May Consider Buying 'Naples Daily News' Site

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By: E&P Staff The Naples (Fla.) Daily News reported this week that it may have a buyer for the downtown property it occupied until last month, when most employees had moved to its new headquarters north of town.

The chairman of a corporation created by the city council to oversee housing suggested the council consider buying the property as a site for future low-income housing.

The newspaper reported that Collier County puts the appraised taxable value of the 10 acres at more than $9.7 million.

But Naples News Media Group President and Publisher Chris Doyle told reporter Jenna Buzzacco-Foerster that he'd heard nothing from officials about such interest in the site. And City Manager Bill Moss said he doubted the city could afford the property.

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