Real estate deal for 3 Vermont College of Fine Arts buildings falls through

In February, the Vermont College of Fine Arts, which plans to stop hosting on-campus programs, told community members that it had reached a deal to sell three campus buildings: the Gary Library, Martin Hall and the Crowley Center.

“There’s not really a whole lot to say about it honestly,” Casey Ellison, the principal of 150 Main Street, said in an email to VTDigger. “We were trying to be diplomatic about it but it’s just that the price was too high for our business model… And we really couldn’t figure that out without doing all the due diligence first.”

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