Ramapo land purchase
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- May
- 21
The town of Ramapo is negotiating with the privately owned Ramapo Land Co. for the purchase of property that includes a hamlet.
The hamlet, known as Ramapo, is tucked between Route 17, the New York State Thruway and Torne Valley Road. It includes 16 houses that are now owned by the Ramapo Land Co.
Christopher St. Lawrence, the town supervisor, estimates that rental income from the houses could bring the town $250,000 annually.
Do you think the town should be a landlord?
This entry was posted
on Wednesday, May 21st, 2008 at 2:36 pm by James Walsh.
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