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New York Racing Association, Inc. Retains Prominent Auction Firm to Sell 64 Surplus Tax Lots Totaling 325,000+ Sq Ft

Plainview, NY May 7, 2009 – David R. Maltz & Co., Inc., Auctioneers/Real Estate Brokers has been retained by the New York Racing Association Inc. to conduct the Public Auction of more than 325,000 Square feet of vacant residential land comprising 64 tax lots within Ozone Park, New York. This land represents a rare infill development opportunity near the proposed several hundred million dollar casino at the Aqueduct Racetrack. The auction is scheduled for June 10th at 1:00 pm and will occur at the Aqueduct Racetrack, 110-00 Rockaway Boulevard, Ozone Park, NY.

The lots appeal to a broad range of potential buyers with assemblages from 2,000 square feet to more than 75,000 Square feet. In order to provide all investors, large or small, with the opportunity to buy property, the lots will be offered for sale in bulk, 22 assemblages and individually. The properties will be sold under whichever scenario realizes the highest or best offer. Interested parties are encouraged to attend the bidder and/or broker seminars starting at 5pm on June 3rd.

 

About David R. Maltz & Co., Inc., David R. Maltz & Co., Inc., is the premier full service auction company specializing in the timely sale of real estate in a professional manner. Since our inception more than 30 years ago, we have built a $100+ million a year corporation with an impeccable reputation for professionalism, honesty, integrity and success. We have conducted thousands of auctions on behalf of such clients as the United States Bankruptcy Courts and Financial Institutions throughout the United States, The United States Department of Justice, The Internal Revenue Service, The United States Government Small Business Administration, Law Firms, Private Individuals and Corporations, nationwide. Our Company is nationally recognized as a name in excellence and achievement.