B y Matthew Saari

After standing vacant for more than two years, the site that formerly housed a McDonald’s fast-food shop on Broadway may have a new owner.

The former McDonald’s location on Broadway has stood vacant since August 2015.

Rumors circulated recently that Josh Cuomo, general manager of Champlain Beef Co., purchased the Broadway property.
“I bid on it and I won it,” Cuomo confirmed – but he hasn’t taken possession yet.
Unbeknownst to Cuomo at the time, McDonald’s Corporation placed a “reserve” on the property. In the auctioneering world, sellers can place a “reserve price” on the item they’re selling – an undisclosed minimum sum that the seller is willing to accept.
“If you’re scared someone could swoop in and buy it up cheap, you set a reserve,” said Bethe Reynolds, a real estate broker with Keller Williams Realty.

This is only a preview of the story published in the Whitehall Times. To read the full story, pick up a print copy of this week’s paper at the newsstand or read it online here.

Comments

comments

Read more in this week's Times in newsstands now or click here to read right now with our e-edition.

Tags: , , , ,

North Country Freepress – 09/22/17

FreePress_9_22_17.pdf-web.pdf

Weekender – 09/22/17

Weekender 9_22_17.pdf-web.pdf

518 Wheels – 09/20/17

518 Wheels 9-18-17.pdf-web.pdf

Lakes Region Freepress – 09/22/17

Lakes_9_22_17.pdf-web.pdf

Car Show in Granville Sunday

Autumn Leaves Car Show 2016

By Krystle S. Morey The 31st annual Autumn Leaves Car Show, hosted by the Granville Area Chamber of Commerce, is […]

Whitehall homecoming this weekend

Whitehall homecoming 2016 parade

  By Matthew Saari The annual homecoming dance is scheduled for this Saturday and students at Whitehall High School have […]

Whitehall to face Cambridge Saturday

Whitehall Football 2017

  By Matthew Saari Whitehall’s football team may boast an undefeated record for the season but the Railroaders’ mettle is […]

‘Shine on Shelby’ drive continues

Shelby McEachron

By Krystle S. Morey Following the unexpected death of a local woman, the community has poured out in support of […]

Restaurant coming to West Main Street

The former Edwards Liquor Warehouse, which will soon become the West Main Street Grill, got receives a new coat of paint.

By Krystle S. Morey “When we go out to dinner, we leave the town. It kind of defeats the purpose […]

Lakes Region Freepress – 09/15/17

Lakes_9_15_17.pdf-web.pdf

Northshire Freepress – 09/15/17

Northshire_9_15_17.pdf-web.pdf

Weekender – 09/15/17

Weekender 9_15_17.pdf-web.pdf