Developers Forge Pact on Grossinger's Parcels

LIBERTY, NY-Foxwoods Resort Casino and Muss Development, which plan to build a resort casino on part of the former Grossinger’s property here, have reached a cooperative share and lease agreement with Sullivan Resorts LLC on the two adjacent parcels owned by Muss and Sullivan Resorts.  The agreement would allow Foxwoods and Muss to develop a resort that would share an entrance with Sullivan Resorts’ development of homes, entertainment and hotel rooms on the original Grossinger’s property, which would not have a casino.  

“Working together with Foxwoods Catskills LLC, we have come to an agreement that will allow us to develop the two parcels of this magnificent 1,200 acre site in a complementary way, and not in competition with one another,” says Louis R. Cappelli, managing principal of Sullivan Resorts. He adds that the agreement will mean “a better experience for future homeowners and resort casino visitors, and it will enable us to maximize economic benefits for Liberty, and to create thousands of jobs for residents of Sullivan and Delaware Counties.”