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BENNINGTON — The former Bennington Center for the Arts building has a new ownership group, which hopes for a June reopening of the facility’s gallery space and 315-seat theater for
BENNINGTON — An agreement has been reached among parties with claims on the former Bennington Center for the Arts property that could clear the way for sale of the museum
Don't miss the big stories. Like us on Facebook. BENNINGTON â Final reports on the sales of the former Southern Vermont College campus and the Gate House property have been filed in U.S. Bankruptcy Court, where liquidation of real estate and other assets is proceeding. The court-appointed trustee in the Chapter 7 bankruptcy case, Raymond Obuchowski, filed his reports on Tuesday â concerning the sale of the 371-acre campus to Southwestern Vermont Health Care for $4,650,000, and the sale of the Gate House on Monument Avenue, adjacent the entrance drive, for $320,000 to Kenneth Mi...
Don't miss the big stories. Like us on Facebook. BENNINGTON â Southwestern Vermont Health Care outbid youth camp operator Moshe Perlstein and businessman Paul Belogour on Friday to purchase the former Southern Vermont College campus for $4,650,000. The bidding process took place during a late morning videoconference hearing before Judge Colleen Brown in U.S. Bankruptcy Court. The session involved about two dozen higher bids being offered before the remaining alternate bidder, Perlstein, said, "I'm out,â leaving only SVHC. Belogour and his Vermont RE Development, LCC, had stoppe...
Don't miss the big stories. Like us on Facebook. BENNINGTON â Three parties with qualified initial offers are now potential bidding competitors for the 371-acre former Southern Vermont College campus. Raymond Obuchowski, the appointed bankruptcy court trustee representing the college estate, filed a notification with the court Wednesday stating that summer camp operator Moshe Perlstein had met the qualification terms. Those terms include posting a 10 percent deposit and providing proof of the financial resources to follow through with a purchase. Southwestern Vermont Health Care fil...