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David R. Maltz & Co., Inc. is Retained to Sell 15 Building Lots in $5,000,000.00+ Developer Liquidation

Plainview, NY  May 13, 2008– David R. Maltz & Co., Inc., Auctioneers / Real Estate Brokers has been retained to facilitate the immediate sale of 15 building lots in Parksville, New York.  These lots are within The Legends at Tanzman Lake, a 240-acre gated community that surrounds a 37-acre private lake.  The developer of this exclusive community has ordered the immediate sale of these 2.5 to 8 acre lots, half of which are lakefront.  Situated only 15 minutes from Monticello raceway (home of the proposed $500+ million full gaming casino) and 90 minutes from Manhattan, this development offers the ideal vacation home destination with tremendous potential for appreciation.  Four lots will be sold absolute, regardless of price and the remaining lots will be sold with opening bids more than 75% off previous asking prices.

The auction event will occur on Sunday, June 22, 2008 at 2:00pm on location at 245 Tanzman Road, Parksville, New York.  Each of the properties will be sold free and clear of all liens, claims and encumbrances.  Financing is available with great terms on lot and construction loans available for qualified buyers. For detailed property information, pictures and complete terms of sale please visit www.MaltzAuctions.com.

 

About David R. Maltz & Co., Inc.David R. Maltz & Co., Inc., is the premier full service auction company specializing in debt related sales. Since our inception 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.