Friday is the deadline for the owners of the Arcade in downtown Dayton to pay their property taxes or risk the county selling that debt to a third party—a tax lien sale.
The bright and ornate Arcade building has been languishing in the center of Dayton for more than two decades now. It’s been through foreclosures, tax lien sales, and a series of dispelled rumors about what redevelopment might look like.
The owners, who live in Wisconsin, owe Montgomery County nearly $326,000 in taxes. Montgomery County Treasurer Carolyn Rice says they haven’t made a payment since June.