Deserted medical building auctioned by bank in Goshen
In Goshen on the steps of the county courthouse Empire National Bank foreclosed on the Orange Medical Diagnostic Coup Center on Academy Avenue Middletown and sold it at public auction for 350000. The bid drew several bidders including a Middletown attorney and a Pearl River certified accountant. The bank foreclosed after a judgment of 56612 plus interest and costs.
MENTIONED IN THIS ARTICLE
Peter Schoenberg Goshen
Middletown
Empire National Bank
Orange Medical Diagnostic
Academy Avenue
Oshen
John F. Meehan
Goshen
Carl Barmann Realty
Robert W. Prior
Center
Manny Fuchs
Carl Barmann
Barmann Realty
Meehan
Joseph V. Furfaro
Pearl River
Barmann
Dispute Over Medical Building Ownership Ends In Auction
OMDG Realty Inc owned a medical complex planned for eight conference rooms and 16 exam rooms but its seven doctors dissolved the partnership before completion. Louis Lazar faced claims of continuing New York practice as per the agreement. The bank seized the building to recover about $500,000 loaned to OMDG and began auction bidding led by referee John Meehan with initial bid of $10,000 as spectators watched.
MENTIONED IN THIS ARTICLE
Omdg Realty, Inc
Louis A. Lazar
Harold P. Lazar
Stanley S. Dunkelman
Theodore Kowitz
Robert Kirschner
Jeffrey A. Bard
Gerald Sitomer
Louis Lazar
New York
Omdg Realty
John F. Meehan
Pridr
Vacant Middletown Medical Building Sells at Auction
The Orange County Medical Diagnostic Group building in Middletown sold for 350000 to Empire National Bank after a public auction. Bidders eyed mortgage details of 456000 with interest as notes on the door and empty lot told a tale of abandonment.
MENTIONED IN THIS ARTICLE
Middletown
Orange County Medical Diagnostic Group
Empire National Bank
Orange and Rockland Utilities
Empire Bank proxy fight heads for showdown at meeting
A stockholders proxy battle over Empire National Bank stems from a cancelled merger with Financial General Bankshares Inc. A shareholder committee seeks seats on the board to counter the merger while the competing slate claims the bid would seize control and jeopardize the bank. Directors align with Rockland Orange and Westchester counties and diverse local investors amid ongoing negotiations and a withdrawn merger offer.
MENTIONED IN THIS ARTICLE
Ron Rosenberg Newburgh
Empire National Bank
Iayer
West Point
Empire
Io Financial General Bankshares Inc
Conomerate
New York
Bank of Commerce
Teir
Financial General
Arthur W. Schmidt, Jr
Empire National
Schmidt
Spring Valley
Rockland National Bank
Middletown
County National Bank Toional Bank
Ottices Frites
Orange
Rpland
Luitenant
Mid- Hudson
Rockland County
Westchester
Newburgh
Dave Center
Oxford Chemical Co
Consolidated Foods Corp
Georgia
General Bankshares
Dutchess
Sullivan Counties
Rockland
Pro-Anerger Group
American Stock Exchange
Es Sheares
Augustus W. Bennett
Orange County
Bennett
Carl Barmann
Barmann
Times-Herald Record
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