Global Meltdown Hits Livingston Manor, NY

By
Marshall Cutchin
 on July 6, 2009 7:34 AM | | Comments (0)

Home of the Catskill Fly Fishing Center and Museum and the Trout Parade, Livingston Manor's biggest threat in the past was the occasional flood. But a town that always struggles to make ends meet didn't count on a Dubai-based investor failing to make mortgage payments on some key downtown buildings -- a clear sign that his plans to turn the town into a trout-fisher's Woodstock are going up in smoke. "In 2005, Mr. Krieger, who has a home in the area, announced plans for an $80 million resort hotel/spa and hundreds of homes on 500 acres. He said his plans still included a modest housing project for senior citizens and a world-class spa. But first he has to keep what he owns downtown." Peter Applebome in The New York Times.

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This page contains a single entry by Marshall Cutchin published on July 6, 2009 7:34 AM.

Joan Wulff: "Only God and the Fish Know" was the previous entry in this blog.

U.S. Youth Team Tryouts August 7-9 is the next entry in this blog.

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