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Old Detroit Free Press building sold to mystery buyer

DETROIT (WKZO) -- A mystery buyer has purchased the old Detroit Free Press building in downtown Detroit for just over four-million dollars.

The purchase, made via an online auction, comes in just under a 4.1-million dollar bid made during an auction last year that didn't go through because the amount was under the reserve set for the auction. Wednesday's auction did not set a reserve price so the sale is expected to be successful.

The building on Lafayette was designed by Albert Kahn and opened in 1925.  There have been two owners since the newspaper vacated in 1998.

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