A Washington County, OK, a judge has ordered Bartlesville's Price Tower to be sold to the McFarlin Group for $1.4 million.

 

Associate District Judge Russell Vaclaw made the ruling during an emergency hearing yesterday/Tuesday morning.

 

The case began in September 2024 when Tulsa-based McFarlin Building, LLC, claimed that the President of Copper Tree and secretary of Green Copper Holdings, the deed owners of the Price Tower, Cynthia Blanchard signed a $1.4 million contract on May 23 to sell the Tower to McFarlin.

 

The lawsuit claimed that the ownership group of the Price Tower breached the terms of the agreement by removing property and artifacts, and for putting the skyscraper up for auction. McFarlin also claims the Price Tower is in “peril” because there is allegedly no insurance on the building, no adequate fire escapes and no active fire suppression system. Utilities have also been turned off.

 

Vaclaw ordered that the $1.4 million will be held by the court in a fund until all claims, liabilities, and debts are settled. The judge also ordered that any money received from Blanchard selling Price Tower artifacts must either be paid back or deducted from the purchase agreement.

 

There will be another court date set in February.