What began as a project to preserve a historic building and create a source of revenue has turned into a financial burden for the Warsaw Community Development Corp. Eight years after purchasing the Comstock House, a building now used to house low-incomes residents, the WCDC is questioning whether it should hold onto the property. Bruce Woodward represented the 130-year-old building during Tuesday's WCDC meeting and reported the current status of the Comstock House, both structurally and financially. "We're getting the rents up, but it's a slow process," Woodward said."What I'm working to do is get expenses down." Problems resulting from mildew and lead-based paint have forced the WCDC to continually fund efforts to rehabilitate the 7,000-square-foot building.
Joe Kirkendall, Times-Union staff writer- | July 28, 2016