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Monday, June 05, 2006

South Fallsburg, NY - Sale on Raleigh Hotel Pending

Sullivan County, South Fallsburg, NY - Sale on the Raleigh hotel is still pending

Two Hasidic groups are still vying to buy the 320-room Raleigh Hotel in South Fallsburg, the front-runner remains a group affiliated with the Bobov sect based in Borough Park, Brooklyn.

Bobov runs a camp across the road from the hotel. The final purchase could be two or more months away, sources close to the negotiations say.

10 Comments:

  • At 11:48 AM, Anonymous Anonymous said…

    new square & bobov are both in contract to buy it thay are negotiating it looks like bobov will have it..

     
  • At 12:30 PM, Anonymous Anonymous said…

    how could they BOTH be in contract? red tzim zach!

     
  • At 12:54 PM, Anonymous Anonymous said…

    thay both made a deal together so satmer could not buy it. a few mosdos wanted it....(is it more tzimzach)

     
  • At 2:47 PM, Anonymous Anonymous said…

    Perhaps you wanna buy the Brooklyn Bridge from me? does this make any sense to you? Either or!!

     
  • At 12:20 AM, Anonymous Anonymous said…

    The latest twist in the RALEIGH: the owners gave today a statement that Mr. Aron Weltz of U.T.A. (Satmar) of Boro Park is the sucessful bidder on the Hotel, they plan to use it for a Boys camp.

     
  • At 10:00 AM, Anonymous Anonymous said…

    Oh my gosh!! Where oh where do you all get your information from???
    I am intricately involved in this whole kit'n'kaboodle and I can tell you that NOT ONE! of you know what you're talking about!!

     
  • At 10:34 AM, Anonymous Anonymous said…

    I'll have no choice, but to agree with anon @ 10:00, cuz you can't get it straight here, is there a contract or "YES"? how can Bully Weltz come in to the picture, would there be a contract?? we'll have to come down, to this again, "red tzim zach!!"
    Ps. the bridge's still "for sale"

     
  • At 11:51 AM, Anonymous Anonymous said…

    The owners can negotiate with another buyer even if there is already a contract in place. Most contracts allow either party to back out for a financial penalty. It may be that the amount the later buyer is giving is more than enough to cover the penalty.

     
  • At 10:59 PM, Anonymous Anonymous said…

    well if the deal falls thru for any of them...

    I have 2 camps available for sale in upstate NY...

    E-mail me for more info

    at: NYcommRealEstate@aol.com

     
  • At 8:57 PM, Anonymous Anonymous said…

    it sounds like a bubbe meinsa to me. I have been hearing rumors of buying, selling, keeping, laying dormant, selling off the furniture, "shelly" still has a say over the purchase, two guys wanted it for a catering hall, another said a boys camp, another said a retirement village, .....whaaaaa? In plain english, vus kimpt oisse? any comment on my comment???

     

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