E. ALLEN TWP., Pa. – The Northampton Area School District Board of Directors approved the sale of district property to a Lehigh Valley developer Monday night.
The agreement of sale with Greystone Capital Inc. involves the former Washington Technology Center building and lot located at 2389 Main St. in Northampton Borough. Greystone is led by developer Lou Pektor.
The deal is worth $1.05 million. The building had been on the market for $1.39 million. The property is located in the borough’s R-3 Residential zoning district, which permits by-right uses of multi-family residential and apartments, as well as senior housing as a conditional use.
The sale continues the district’s efforts to address financial challenges. In May, in the wake of a budget deficit, directors voted to sell four properties that would not be used in the 2026-27 school year.
The liquidations included Moore and Franklin elementary schools, the former district administration building, and Monday night, the technology center. Moore and Franklin sold for the district’s asking price — $3.4 million and $1.025 million, respectively.
Superintendent Joseph Kovalchik said Monday night the former administration building has not been sold.
The district announced a redistricting plan just over one year ago in September 2025. That plan includes closing and selling the technology center, Franklin Elementary and the administration building. The body also voted to close Moore Elementary for the 2026-27 school year. At the time, however, the district was still considering renovating the school or demolishing it and building a new school on the site. Later, NASD approved Moore’s permanent closure and sale.
In May, the board voted 5-4 to adopt a 2026-27 budget with a 4.2% tax increase.
Kovalchik said Monday night the next few years for the school district would be challenging financially.
Community Education Program
The board withdrew two agenda items involving the permanent termination of NASD’s Adult Community Education Program after the conclusion of fall programming.
The program was set to be terminated due to losing money for several years. However, board members opted to discuss if the program can at least break even with program officials if changes are implemented. The item was tabled until the board’s November meeting.