Friday, April 28, 2017

Sandy's Clam Bar pays delinquent taxes, avoids auction

UPDATE (4/28/17): A federal auction of Sandy's Clam Bar in Glens Falls for unpaid back taxes has been called off. Owner Richard Mozal has paid off the delinquent tax bill on the business his father and a business partner founded in 1953. He has operated it since 1973. The venue is popular for its classic rock shows, but has a long history of financial problems and closures.

(Originally published 3/27/17)

From The Post-Star
GLENS FALLS -- The U.S. Department of Treasury has seized the Sandy’s Clam Bar building at 41 South Street in downtown for failure of owner Richard Mozal to pay Internal Revenue Service taxes.

The IRS filed a lien on the property in July 2012 for unpaid federal wage and investment taxes, according to Warren County deed records. A public auction of the building has been scheduled for 11 a.m. April 27, with a minimum bid of $88,454, according to a “public auction sale” notice dated March 20.

Redevelopment of the building, a longtime popular venue for live music, would fit with the city’s $10 million Downtown Revitalization Initiative plan, which focuses on South Street, said Mayor Jack Diamond.
Go here for the full story.

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