WGXC-90.7 FM

Local Ocean property sold at auction for $3M

Aug 21, 2013 6:38 am
Nathan Mayberg is reporting in the Register Star the 31.5-acre parcel on Route 9 in Greenport occupied by Local Ocean since 2009, was sold at auction Tues., Aug. 20, on the front steps of the temporary Columbia County Courthouse in Claverack to the man holding the mortgage, Michael Spielman. Spielman purchased the property from himself for $3 million. He was the only bidder at the auction. Spielman said following the auction the purchase would be "good for the town. The building will be utilized." The largest problem facing the new owner are the thousands of live fish in approximately one million gallons of salt water still inside the facility. The state Department of Environmental Conservation has recommended the mature fish be donated to food pantries and the rest be disposed of at a solid waste facility. Spielman said he would be glad to sell the fish to whoever wants them. He said, “If anybody does eat fish, come by." Read the full story in the Register Star.
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