Back in February the Times-Herald Record reported that the Liberty Street School might get renovated and turned into condos.

One of Newburgh's oldest eyesores has been targeted for revitalization.

The city is negotiating the sale of the old Liberty Street School to Bluestone Developers of Uniondale.

Bluestone hasn't finalized its vision for the building, but preliminary plans call for offices on the first floor, with housing -- possibly condos -- on the second and third floors of the 24,000-square-foot building.

"I'm ready to go as soon as I get all the approvals," said Jerome Blue, president of Bluestone. The company, which already has acquired a pair of smaller dilapidated properties in the city, specializes in waterfront and rehabilitation projects.

The Liberty Street School provides a little bit of both. It's a short walk from the Hudson -- and ferry service -- making it an attractive location for commuter housing, said Mayor Nick Valentine.
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Blue hopes to restore the original architectural character of the building, and is seeking old pictures of the school to guide the project, which he said will cost more than $3 million.

Bluestone has applied for tax breaks through the Newburgh-Stewart Empire Zone. The zone's administration board approved the application during its meeting yesterday morning at the Orange County Chamber of Commerce building in Montgomery.
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