Judge rules against Buto for reneging in school sale assignment

Posted 8/21/12

Dear friends, supporters and neighbors,

We thank you all for your continued encouragement and support for our plan for the Narrowsburg School building.

We share with you important information …

This item is available in full to subscribers.

Please log in to continue

Log in

Judge rules against Buto for reneging in school sale assignment

Posted

Dear friends, supporters and neighbors,

We thank you all for your continued encouragement and support for our plan for the Narrowsburg School building.

We share with you important information about today’s 10 a.m. hearing at the Sullivan County Courthouse.

At this morning’s hearing, Judge Schick found Ms. Buto in default of the Agreement to Assign her purchase and sale agreement for the Narrowsburg School building and the nearby 14 acres to us. Judge Schick granted our request for an injunction constraining Ms. Buto from either closing on the acquisition of the properties or assigning her contract to another party. And finally, Judge Schick granted specific performance, in that he has ordered the closing of the Assignment to take place on October 6, 2014.

We remain committed to our development plans for the Narrowsburg School, and we thank all of you for your continued support and encouragement.

With much thanks,

Brendan and Kathy Weiden

Narrowsburg, NY

Comments

No comments on this item Please log in to comment by clicking here