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One door closes ....

So many opportunities, so little time and money.

The nine-story Southeastern Building in downtown Greensboro is for sale.

The owners have been forced to declare bankruptcy and to find a buyer to satisfy an unpaid federal tax bill.

That means the landmark building could become an active player in downtown revival as a residential development.

It has been neglected over the years and features a number of architectural flourishes that a caring new owner (such as a Milton Kern) could restore and burnish.

But like the old Wachovia tower, it would pose an expensive reclamation project ... ironically because it is so sturdily built.

Stay tuned. This could get really good.

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