This is going to have a direct impact to the community home owners, Local Schools, Property values. and the quailty of Life. Crime will go up. The value of homes will decrease.
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I am the Housing Director for Christa Construction and a Partner in CSD Housing, LLC. I was forwarded a copy of a brief message that you sent to Christa concerning our role in a proposed development at 357 Targee Street and can answer each of your questions. First, we have not acquired the Property, but we have entered into a Purchase Agreement with the Seller Victory Worldwide Transportation, Inc. The Purchase Agreement provides for a due diligence period during which we are trying to talk with the community, understand any environmental issues and otherwise determine whether this is a good site for our proposed apartment Project. We will not make any decisions about acquiring the property until we finish our due diligence and have a better sense of community needs/concerns. Second, Randy Lee is not involved with our team in any way. He is the attorney for Victory Worldwide Transportation and is representing the Seller in regard to the Purchase and Sale Agreement. Our attorney for the Purchase Agreement is Steve Tranelli, Esq. at the Barclay & Damon offices in Rochester, NY and our zoning attorney is Richard Lobel at the Firm of Sheldon Lobel, PC in NY. We have also assembled several other team members to assist during due diligence as follows:
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