Friday, February 10, 2006
Wal-Mart Foiled in SL the First Time Around
After Wal-Mart was chased out of Lake Placid six or so years ago, they attempted to purchase property outside of Saranac Lake to build their box. The property was purchased out from under them by a wealthy local citizen. He paid a local resident $850,000 for the parcel of land which was assessed at $133,400. The owner of the parcel was 'pleased' that he could sell the land for a 'non-Wal-Mart' use. Well yeah, I guess an extra $700K would 'please' me too.