Friday, December 04, 2009


This letter is being sent to developers who have expressed interest in the waterwheel property. Others are also invited to submit letters of intent. A final decision will be made on Dec 15th.
I understand from staff, that you have expressed an interest in purchasing the property known as the “Waterwheel”. As you are aware, the property is comprised of four lots known on the official tax maps in the Town of Greenburgh, as the following:

Parcel I.D. Account
6.20-3-10 6165320
6.20-3-09 6166600
6.20-3-08 6166605
6.20-3-07 6166620

The Town is selling this property as one economic unit for a minimum price of $1,210,000.

If you are in fact, interested in the acquisition of the above noted economic unit, please forward a letter of intent to me, including an acquisition offer and any conditions. The Town will consider this offer as firm and final. The Town Board will be meeting on December 15, 2009 to discuss the offers received pertaining to this property.

We will be choosing the best offer received. This could include, but not limited to, purchase price, amount of downpayment and other conditions. Please note we are selling the property “as is”, and we make not claims or representations to the property. Consequently, prior to extending your offer it is expected you would perform your due diligence.

The letter of intent, must be received no later than December 14, 2009 at 12:00pm.

Greenburgh Town Supervisor


Michael Kolesar said...

The Supervisor and hopefully the entire Town Board have been put on notice that the process described by the Supervisor above will not fly. FOIL away for all communication in the last week between the Mayor of Ardsley, Jay Leon and the Supervisor.

ed krauss said...

The proposed 2010 budget has revenue line for $2,500,000 fromthe sake of surplus property. Let's assume it happens.

How much of the $2.5 million will the town get? I would bet hard cash that it is far less than the revenue line shows.

The 2009 budget had a revenue line of $750,000 from the sale of surplus land. Since not one square foot was sold, where did the dollars come from to replace that $3/4 of a million? Couldit be from the ubiquitous FUND BALANCE?