The advisory committee approved a motion to trade the CV Realty building on East Drive for a shack located on the road near Southampton. What are they thinking ? The realty building is owned by the village. The shack is owned by the Levy family. The realty building is currently leased to the real estate company doing business there, at an extremely good rental rate, Coincidentally one of the Levy family is a principle officer in the real estate company. Now UCO wants to trade buildings so that the UCO Reporter has a place to do their work. We didn't see any appraisals on either building to see if they are of equal value.
Since UCO has got involved in the real estate market. I have a bridge in Brooklyn they might be interested in buying .
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