Eaton Center buyer in negotiations

NORWICH – The prospective buyer of the Eaton Center in Norwich could be offered a payment in lieu of taxes agreement from the Chenango County Area Corporation, the current owners of the complex.

A public hearing to discuss the scope of the project will be held at 3:15 p.m., Dec. 20 at the Chamber’s second floor offices. The former site of Procter and Gamble Pharmaceuticals headquarters is on Eaton Avenue.

Pennsylvania businessman Randal Hadeed secured an option to purchase the 200,000 square foot office building earlier this month. Hadeed is the founder and president of eAuction Solutions, an online auction management company that liquidates stock for large clothing stores. His plans are to relocate his business in Norwich and create 75 clerical and sales jobs with a combined annual payroll of roughly $624,000.

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