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Heartland Backs Out of Rockland Psych Land Buy

ORANGETOWN, NY-Empire State Development Corp. and a Long Island-based development firm have agreed to terminate a $7.1 million sales agreement for 335 acres of land at the Rockland Psychiatric Center here.

By John Jordan | Updated on April 10, 2001

ORANGETOWN, NY-New York State will start again from scratch and look to rebid the development rights for the surplus land on the Rockland Psychiatric Center grounds here. The purchase price was for approximately $7.1 million.

On April 9, the Empire State Development Corp., which is handling the sale, and Heartland Acquisition Corp. of Edgewood (Long Island) reported that they had mutually agreed to terminate a purchase agreement reached in April of last year. That deal involved the acquisition of 335 acres of surplus state land surrounding the Rockland Psychiatric Center grounds.

Officials with Empire State Development said the agency would be working with the town of Orangetown in order to remarket the property for sale. In terms of specifics concerning the failed purchase agreement, spokesperson Maura Gallucci referred all questions to the Long Island-based developer.

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