Shortly after, a judge said the then-building owner must buy infrared heaters for what were then a remaining 18 tenants still in the building.
But that’s the past. Samaan, the new owner, said Friday the first order of business is installing a new boiler.
“I ordered a brand new boiler,” he said. “It should be installed in about two more weeks.”
MORE: Nearly 550 people join class-action lawsuit against Fuyao
He said he intends to update the apartments and will work with the Dayton-Montgomery County Port Authority on improving parking.
“We are updating the entire building one unit at a time,” Samaan said. “We’re re-doing the entry. We’re bringing it to back life, really.”
“It’s going to go a little bit more upscale than what it is now, of course,” he added. “We’re remodeling the penthouse. The penthouse will have access to the rooftop, too.”
MORE: Ohio unemployment rate edges down
Samaan said he likes what he sees in downtown Dayton and wants to be part of it.
The Newcom building, built in 1907, “is a beautiful, historic building, with lots of potential.”
“We love the area,” Samaan added. “The growth of downtown Dayton has been wonderful, and we want to continue with that growth. We see a lot of potential downtown.”
A real estate investor for 15 years, he owns properties in Dayton, Middletown, Miamisburg, Kettering, Centerville and beyond. He said he has remodeled 24- and 48-unit properties in Kettering and Middletown.