via The Island Now
The Town of North Hempsteadâ€™s agreement to purchase the Roslyn Country Club to create a special park district is being threatened by an ongoing legal disputes between the propertyâ€™s owner and residents of the Roslyn Heights development.
With a March 19 deadline to close the deal, the residents have yet to drop several hundred lawsuits against Corona Realty Holdings, the owner of the Roslyn Country, as required under terms the townâ€™s agreement to purchase the 7.2 acre-site for $2 million,
â€œThe buyer doesnâ€™t have to buy and the seller doesnâ€™t have to sell if the lawsuits havenâ€™t been dismissed by March 19,â€ said Todd Zarin, president of the Roslyn Country Club Civic Association.
Corona Realty owner Manochehr Malekan said he not concerned about the March 19 deadline.
â€œWe are not playing by the deadline. I could always extend it if I know weâ€™re moving in the right direction,â€ Malekan said Tuesday. â€œI have signed an agreement over a year ago with the town. If they want it, it is in their hands.â€