Camera building sale falls through

BOULDER – For the second time in a year, a deal to buy the Camera newspaper building at 1048 Pearl St. has collapsed.

This time, local developer Stephen Tebo dropped his pursuit of the 76,635-square-foot building, which he had gone under contract to buy in November. In June 2009, Denver-developer Randy Nichols also passed up on an earlier intention to purchase the building.

Camera owner MediaNews Group, and its former co-owner E.W. Scripps, put the building up for sale in November 2008. The property’s value isn’t so much in its building, but in its land – 1.37 acres in the heart of…