PROVIDENCE, R.I (WPRI) — The first step intended to promote restoring the well-known ‘Wedding Cake House’ in Providence has been taken.
The mansion was foreclosed on by the Providence Redevelopment Agency (PRA) Friday morning. It has been vacant for years after plans to covert the building into apartments fell through.
According to the city, auctioning began at 10 a.m. by Dean Ponte with Irving Schechtman & Co. crediting the event to the default of a loan created in 2011 for $350,000.
The only bid made was from John M. Boehnert, representing the PRA, for $463,000, said city officials.
Providence has added the house to the Providence Preservation Society’s Most Endangered Properties list in 2010, 2012, 2015 and 2016.
The house was formally known as the Kendrick-Prentice-Tirocchi House, but gained its nickname from the exterior decorations.