The writer is a member of the Rockland County Legislature
The two properties commonly referred to as the Matterhorn Nursery and Minisceongo Golf Course represent approximately 175 acres in the Town of Ramapo targeted for development. The Matterhorn property was purchased through a foreclosure auction for 5.1 million by deed dated August 22, 2014. The purchaser was Summit Hempstead LLC; or in other words, John Doe one through ten at the time of purchase.
The Minisceongo property was a straight buyer/seller transaction for $32 million consummated in January of 2016. The majority purchaser is Mount Ivy LLC, with a minority purchaser, Lindifrim Pomona. The Minisceongo purchaser’s are floating plans for hundreds of townhomes. [Read more…]