Response: No, they did not sell it. Google AI provides this response, with appropriate citations, but you of course should do your own due diligence:
The Village dropped the bidding process for the Hollis property primarily due to severe development constraints and a lack of viable, competitive offers. When the 4.15-acre residential-zoned parcel went up for bid in June 2019, the Village made it clear that the land was being sold as-is with "no testing or approval in place". This transferred a significant financial and regulatory burden onto potential buyers. The specific issues that discouraged buyers and ultimately led the Village to pull the offering included:
Extensive Wetlands: The northern and western portions of the lot contain protected wetlands. Building near these areas requires strict, complex environmental reviews and setbacks from the Town of Cortlandt and Westchester County. [1]
Significant Drainage & Infrastructure Costs: The property suffered from documented drainage issues. Furthermore, a portion of the paved road on Hollis Lane turns into an unpaved "paper road" near the property, meaning a buyer would have to pay out-of-pocket to extend municipal infrastructure or access lines. [1, 2]
No Municipal Sewer Access: Because the parcel is in a rural, heavily wooded pocket near the Brinton Brook Sanctuary, any residential home built there requires the design and installation of a brand-new engineering-heavy septic system. [1]
Faced with these compounding infrastructure costs, developers and private buyers found the land financially unfeasible at the Village's desired valuation, resulting in a lack of acceptable bids by the July 12, 2019 deadline. Rather than selling the parcel at a steep discount, the Village quietly dropped the solicitation and held onto the land. AI can make mistakes, so double-check responses.
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