US EditionHow a 14-year-long legal fight left valuable Langley land vacant
- The properties at 8184 and 8170 208 Street have a combined assessed value of $40.4 million as of this year, according to BC Assessment.
- A 14-year dispute over the properties has occurred between co-owners Nirmal Takhar and the Khela family.
- Justice Nigel P. Kent ruled in 2023 that the partnership was a 'handshake deal' and found that Takhar breached corporate duties in selling part of the property.
- John Rose highlighted that the case reflects broader systemic housing supply issues and suggested a potential need for government intervention.
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Still Empty After All These Years: City-Owned Land
MJM Television and Video Productions Drone video of the 12-acre site on Lower South Strreet. .sno-685d9b9749b70 { float: left; margin: 30px 30px 30px 0px;} Fourteen years ago, the city of Peekskill, led by a different Common Council from today’s, paid a total of nearly $10 million to buy 12 acres of partially contaminated land on Lower South Street. Today, more than a decade later, that property still sits empty, with the crumbling buildings o…
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