has been quoted in the papers as stating he
intends to continue fighting the sale, presumably in the courts.
has filed intent to appeal - though we don't know whether he
will follow through with it.
So keep those lawn signs up until "the ink is dry" at the closing! (In fact, keep them looking nice and fresh - ragged or dirty signs are bad publicity.
If you need a new one for free, email email@example.com.) We'll let you know when the fat lady has sung; maybe she
will sing at the celebration party after closing.
This does include the land around Tillson Lake and the rest of the lower slopes; it does not include a portion of some 142 acres near where Mr. Bradley's
house is, which was never fully deeded over to the LLC.
When Awosting Reserve LLC was formed in 2002, Mr. Bradley contributed the land and some 26 investors each put in $500,000 (which included dibs on a homesite up there and a golf club membership).
Two complex agreements were drawn up, specifying among other things that if disagreements arose they would be settled by a troika: one from Bradley
and partners, one from Chaffin/Light, one from the investors.
This was presumably in hopes of avoiding going to court.
But in fact unbelievably enormous amounts of money have been spent on lawyers to fight each other.
No permits were issued - the application made to the Gardiner Planning Board
never got beyond the sketch plan phase.
The project bogged down while waiting for a ruling on whether Gardiner zoning permitted a central sewer system on the ridge (see "Clouser reports" under "Development Plans" on our website).
Understandably wanting to save what money was left, Mr. Bradley
tried to seize control of the bank account and fire the developers, was forced by NY court order to submit to the troika process, and lost.
The original papers also specified that if permits were not acquired by a certain time limit, the land could be sold, and from the proceeds the investors would receive their ante back first.
This is what they hoped to achieve in a Delaware court (Awosting Reserve LLC was incorporated in Delaware).
As reported in newspaper articles, the land was listed for sale (asking $35 million, a figure that would only be reasonable if it could be developed).
Several offers were received, including one from Mr. Bradley
himself for $15 million, and the one the court-appointed trustee chose was the one that had no contingencies.
"The 2,700-acre site is the Awosting Reserve
, the private domain of Gardiner resident John Bradley
There are several more obstacles however before AR can present the new, slightly smaller and environmentally even more friendly plan that John Bradley
One obstacle is that it is not clear who is in charge there; the principal owner (Mr. Bradley), the developer (Chaffin-Light) and the investors are locked in a court battle over that.
Mr. Bradley has stated publicly that he did not like Chaffin-Light's plan, they were just in it for the money and he is the true environmentalist; he has also stated that they are back together again.
Decision: In March of 2005 Judge Vincent Bradley (not related to John Bradley of Awosting Reserve) upheld the Planning Board and Zoning Board's determination as legal and found the petitioners' objections insubstantial.