NEW YORK CITY-Ellicott Development Co. has bought a vacant mallin Port Jervis at a foreclosure sale. The company has purchasedPike Street Plaza for $1.68 million from the Bank of Dominion.
The 80,000-square-foot plaza is situated near the NewYork-Pennsylvania line in Orange County. An out-of-state investmentgroup, the former owners of the plaza, owed the bank over $4million. William Paladino's Ellicott Development was the onlybidder for the mall. For the full story, go to Buffalo Business First .
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