Family Plans Boardwalk Property Verdict Appeal; Mayor Issues Statement Explaining City’s Position
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Title : Family Plans Boardwalk Property Verdict Appeal; Mayor Issues Statement Explaining City’s Position
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You are now reading the article Family Plans Boardwalk Property Verdict Appeal; Mayor Issues Statement Explaining City’s Position With link address https://newstoday-ok.blogspot.com/2017/08/family-plans-boardwalk-property-verdict.html
Title : Family Plans Boardwalk Property Verdict Appeal; Mayor Issues Statement Explaining City’s Position
link : Family Plans Boardwalk Property Verdict Appeal; Mayor Issues Statement Explaining City’s Position
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OCEAN CITY — The fate of an iconic building on the east side of the Boardwalk is hanging in the balance this week with the heirs to the property preparing an appeal and the city claiming the site for the public good.
Situated on the east side of the Boardwalk at South Division Street, the property has been home to different businesses and enterprises since at least 1912 and for the last several decades has been home to a Dumser’s Dairyland ice cream parlor. It is one of just a few buildings on the east side of the Boardwalk.
The ownership of the land on which the historic building sits was called into question last year after a 50-year agreement reached in 1966 between the heirs of the original owner, Nathan Rapoport, and the Town of Ocean City expired. The building is owned by Nathans Associates, which includes the heirs of Rapoport, and has been leased to Dumser’s for several decades.
In 1966, Rapoport reached an agreement with the town to tear down the existing structure and erect a new and improved building with a commercial interest, now Dumser’s, on the Boardwalk level with living quarters above on the second floor. The agreement expired in 1991 and Rapoport’s heirs, now Nathans Associates, exercised its option for another 25 years.
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Situated on the east side of the Boardwalk at South Division Street, the property has been home to different businesses and enterprises since at least 1912 and for the last several decades has been home to a Dumser’s Dairyland ice cream parlor. It is one of just a few buildings on the east side of the Boardwalk.
The ownership of the land on which the historic building sits was called into question last year after a 50-year agreement reached in 1966 between the heirs of the original owner, Nathan Rapoport, and the Town of Ocean City expired. The building is owned by Nathans Associates, which includes the heirs of Rapoport, and has been leased to Dumser’s for several decades.
In 1966, Rapoport reached an agreement with the town to tear down the existing structure and erect a new and improved building with a commercial interest, now Dumser’s, on the Boardwalk level with living quarters above on the second floor. The agreement expired in 1991 and Rapoport’s heirs, now Nathans Associates, exercised its option for another 25 years.
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You are now reading the article Family Plans Boardwalk Property Verdict Appeal; Mayor Issues Statement Explaining City’s Position With link address https://newstoday-ok.blogspot.com/2017/08/family-plans-boardwalk-property-verdict.html