The Lynett-Haggerty family donated the Scranton Times Building late last year to a charity consulting firm, with local organizations poised to benefit from the future sale of the iconic property, Scott Lynett said.<\/p>\n
The family is working with Charitable Solutions LLC, a consulting firm focused on managing complex, noncash charitable giving, to facilitate the sale, which will be done through the Dechomai Foundation, a national fund founded in 2003 to assist charitable organizations and donors, Lynett said.<\/p>\n
Additionally, the Dechomai Foundation will directly distribute the funds from the sale to local charities, which the family has yet to determine, Lynett said.<\/p>\n
\u201cThe Scranton community has been great to our family for a long, long time, and we saw that as a way to give back,\u201d he said.<\/p>\n
The Times-Tribune relocated to the Grand Army of the Republic Building at 305 Linden St., Scranton, in November 2023.<\/p>\n
The newspaper staff had been housed in the Scranton Times Building at 149 Penn Ave. since 1926.<\/p>\n
Some of the newspaper\u2019s news, advertising, technology and finance staff moved into the new location while others, including most of the reporting staff, work remotely and from home.<\/p>\n
That change followed an announcement Aug. 31, 2023, regarding the sale of Times-Shamrock Communications\u2019 newspaper group, including The Times-Tribune, to Colorado-based MediaNews Group.<\/p>\n
Times-Shamrock\u2019s nine-member board of directors voted unanimously to recommend the sale to the four voting shareholders at the time \u2014 William R. Lynett, Cecelia Lynett Haggerty and Edward J. Lynett Jr., who all approved the sale, and George V. Lynett, who opposed it.<\/p>\n
\u201cThe decision to sell our newspapers in Northeastern Pennsylvania was a difficult one for our entire family,\u201d the Lynett-Haggerty family said in a statement following the announcement. \u201cWe are deeply grateful to our loyal employees, our readers, and our advertisers who have supported us over the years.\u201d<\/p>\n
Board Chairman Bill Goodspeed called the decision \u201cdifficult for a lot of people,\u201d noting numerous headwinds facing the industry, including declining readership, circulation and advertising revenue.<\/p>\n
The sale included the company\u2019s four daily newspapers \u2014 The Times-Tribune, The Citizens\u2019 Voice, the Republican Herald and The Standard-Speaker \u2014 as well as its weekly and periodic newspapers, commercial printing operations, Absolute Distribution Inc. and Times-Shamrock Creative Services. Also included in the sale was the real estate for the printing operations.<\/p>\n
It did not include Times-Shamrock\u2019s radio or billboard operations, or the Scranton Times Building.<\/p>\n
Radio operations will continue inside the building as part of a five-year lease, Scott Lynett said.<\/p>\n","protected":false},"excerpt":{"rendered":"The Lynett-Haggerty family donated the Scranton Times Building late last year to a charity consulting firm, with local…\n","protected":false},"author":2,"featured_media":78690,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[201,182,139,28,178,180,179],"class_list":{"0":"post-78689","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-scranton","8":"tag-lackawanna-county","9":"tag-local-news","10":"tag-news","11":"tag-pennsylvania","12":"tag-scranton","13":"tag-scranton-headlines","14":"tag-scranton-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/78689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=78689"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/78689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/78690"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=78689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=78689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=78689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}