Warren Town Council members were expected to meet Tuesday night with town solicitor Anthony DeSisto to discuss the property’s status; the property, formely owned by M M F Realty, has been in receivership for several months after its owners went bankrupt.
Town council president Chddris Stanley said that despite holding a closed door meeting to discuss the property, Warren isn’t becoming embroiled in the lawsuit that led to property to end up in receivership in the first place. Instead, he said, Mr. DeSisto has been following the receivership along in the courts and will bring the council up to date on where efforts to find a new owner stand.
Rick Land, the receiver selected by the courts to find new owners for M M F’s assets, said this week that he was not aware of the council’s closed door meeting.
“I have not asked that it be put on the agenda” for Tuesday night “and was not aware of anything formal happening,” he told The Warren Times. “We are still working on marketing/sale efforts.”
Though he would not elaborate, it’s been common knowledge for weeks that Bristol Marine has submitted a bid for the sprawling property. There are still tenants operating in the mill that were there when M M F owned the property, and Bristol Marine’s Andy Tyska said his plan, if selected as the winning bidder, would be to keep them there. He also said he envisions the property as a good place to expand marine trades in the East Bay.Add to favorites