An Ohio County Is About to Foreclose on a $5 Million Basket
The property comes with back taxes and fees of more than $700,000.
The former headquarters of the Longaberger Company in Newark, Ohio.
Photographer: Kristoffer Tripplaar/Sipa via AP PhotoThis article is for subscribers only.
After languishing on the real estate market for months, a multimillion-dollar, seven-story, basket-shaped building will soon be the property of Licking County, Ohio. A foreclosure is imminent, according to local officials.
The unusual building was once home to the Longaberger Company, a direct sales business best known for its picnic baskets. Completed in 1997, the 180,000-square-foot basket cost $32 million to build, a pittance for a company that once boasted sales of $1 billion. But Longaberger's popularity, and sales, have diminished, and in 2015, it was acquired by JRJR Networks, a Dallas-based holding company.