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Article: Foreclosure action upsets development of luxury homes at Park Lane Reserve. (mechanics liens filed against Harrison Park Lane Associates)(Special Section: Real Estate)
- Article from:
- Westchester County Business Journal
- Article date:
- April 22, 1991
- Author:
CopyrightCOPYRIGHT 1991 Westfair Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Foreclosure action upsets development of luxury homes at Park Lane Reserve
HARRISON -- What was to have been one of the largest and most luxurious enclaves in northern Westchester is little more than a shadow of the ambitious development approved by the Harrison Town Board in September 1985.
Park Lane Reserve originally was designed for 306 single-family houses on 395 acres of wooded, undeveloped land straddling Park Lane and Buckhout roads.
The houses, ranging in price from $700,000 to $1 million, were to have been clustered around Forest Lake. Plans for the subdivision, which was scheduled for completion in 1995, also called for a lakeside ...