Recorder: Montgomery County IDA taking over agreement to acquire Exit 29 site from county

By Ashley Onyon

VILLAGE OF CANAJOHARIE — The Montgomery County Industrial Development Agency is taking over the purchase and sale agreement held by would-be cannabis cultivators E29 Labs for the Thruway Exit 29 site on the grounds of the former Beech-Nut plant.

The reassignment of the agreement will enable the MCIDA to buy the 19-acre site from Montgomery County for $550,000 under terms previously negotiated with 102 Church Street, LLC, the real estate holding company for E29 Labs.

CLICK HERE to read the rest of the story in The Recorder

Like this article?

Share on Facebook
Share on Twitter
Share on LinkdIn
Share on Pinterest

Leave a comment

Skip to content