By Bronislaus B. Kush TELEGRAM & GAZETTE STAFF
The owners of the Palladium building said the recent hike in their property tax bill is making it extremely difficult to financially operate the structure and added that they are thinking about demolishing the north Main Street entertainment venue.
John Fischer and John Sousa, the owners, have asked the Worcester Historical Commission to grant a waiver that would allow them to raze the landmark four-story building, which, over the past few years, has been the local home to heavy metal and other youth-oriented musical acts.
“I’d rather not demolish the building, but the taxes have tripled and that’s caused us some serious problems,” said Mr. Sousa, a local lawyer.
The Palladium’s owners are seeking a waiver to Worcester’s demolition delay ordinance, which requires a 12-month wait before a historic structure can be razed. The purpose of the ordinance is to allow for some time for owners to explore alternatives to demolition.
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