Deal in Place to Sell CommunityWorx Building, Stave Off Foreclosure While Keeping Thrift Shop Open ...Middle East

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Deal in Place to Sell CommunityWorx Building, Stave Off Foreclosure While Keeping Thrift Shop Open
After exploring its options while undergoing foreclosure proceedings in court, the nonprofit CommunityWorx is confident it will be able to fulfill its financial obligations after making a deal to sell its West Main Street campus — while also remaining in the Carrboro buildings. The latest hearing for CommunityWorx — which runs the thrift shop and co-working space at 117 and 125 West Main Street — took place on October 8, where the organization alerted the Clerk of Court to having signed and executed a purchase for sale agreement with a new partner, according to President and CEO Barbara Jessie-Black. The buyer is not being publicly named yet, but is a nonprofit entity, Jessie-Black confirmed

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