In August, Marty Gaffey of Iowa City purchased the Devoe Street properties owned by Brian and Joanne Havel. His plan is to construct a row of buildings with apartments on the second floor and commercial use on the first. He and Randy Yakish are still in negotiation over the lot owned and occupied by Yakish Construction. Menzer Automation vacated the building at 118 N. Devoe and will be operating at their address at 5254 500th St. SE, Iowa City.
Gaffey runs an insurance company in Iowa City and owns rental properties in Iowa City, Coralville, and North Liberty. He currently owns a Lone Tree apartment building, 301 N. Devoe, and a second next to it under construction. He also plans to build a duplex at 701-703 N. Perkins.