Times of IndiaLean R·
5,800 New York acres once planned for homes are headed to public auction
A large Adirondack Park property, planned for extensive residential development, is now headed for a public foreclosure auction. This project, which promised hundreds of homes and a ski resort, faced significant legal challenges. After years of litigation and mortgage defaults, the land's ownership became entangled in foreclosure proceedings. An investor is owed millions, and the county also seeks significant property tax payments.
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