BREAKING NEWS: Judge blocks plan for Broadway Market auction

Though this is only a temporary injunction, it makes sense that every effort is made to ensure property isn’t auctioned off that doesn’t belong to the management corporation and a long hard look takes place at what is trying to be sold…this is a step in that direction.

(By Brian Meyer News Staff Reporter)

A judge is temporarily blocking plans to sell assets at the Broadway Market until the outgoing managers can prove the sale will occur in a responsible way.

State Supreme Court Judge Timothy Drury has granted Mayor Byron W. Brown’s request for a preliminary injunction that could derail — at least temporarily — next Thursday’s planned auction of various assets.

City officials argue the exiting management corporation doesn’t own all the property it intends to sell.

“It’s clear that many Broadway Market assets were acquired with public funds, and I intend to protect them,” the mayor said in a written statement.

Both sides are scheduled to appear in court Monday to further discuss a dispute that has fueled bitter feelings.

[read full story Buffalo News website]


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