Last Updated: November 16, 2004 10:37pm ET
Empire Resorts To Buy Concord and Grossingers
MONTICELLO, NY-Empire Resorts, Inc., enters into a binding agreement to acquire two former Catskill resort hotels here in Sullivan County as part of its plan to build a casino resort for the Seneca-Cayuga Tribe of Oklahoma. The deal involves the purchase of the famed Concord and Grossinger’s resort hotels located in the town of Thompson.
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Distressed CRE Continues to Ebb
WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.



