Mr. D bought out the bank note owed by the National Jockey Club that used to operate the Sportman's meet and took ownership of all of their property. The property in question is 500 stalls in barns at Hawthorne that are now owned by D but interestingly enough he doesn't own the land they are built on. Mr. D is basically holding up Hawthorne to get them to buy the barns or he has threatened to demolish them. The sides couldn't agree on a purchase price but have agreed to go into binding arbitration to work it out. After reaching an agreement on these barns, Mr. D will still own the balance of the old NJC property.
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09-20-2007, 11:56 AM
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