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Will iPark87 owners hand over deserted west campus after failure to pay $6.8 million mortgage?
Summary by Hudson Valley One
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1 Articles
Will iPark87 owners hand over deserted west campus after failure to pay $6.8 million mortgage?
Parts of iPark87 may be getting 86’d. After owners National Resources failed to deliver on many of its promises — chief among them failure to make payments on its $6.8 million mortgage on the property’s west campus — the Ulster County Economic Development Alliance (UCEDA) board voted to pursue acquisition of the property, according to comments made to the Daily Freeman. After months of attempts to collect on the debt, UCEDA is now reportedly see…
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