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FMCC withdraws dorm sale petition; Fulmont College Association drops bid to sell buildings, for now | The Daily Gazette
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The Fulmont College Association on Wednesday withdrew its petition to Fulton County Supreme Court for permission to sell its three FMCC dormitory halls for less than their appraised value to Amsterdam-based Dan Vann Properties LLC for $1.1 million.
The FCA’s attorney Robert Schofield, of the Albany-based law firm Whiteman Osterman & Hanna, notified the many parties involved in the proposed seven-figure dorm hall sale in an email at 6:12 p.m. Wednesday.
“A few moments ago, I filed the attached Notice of Discontinuance, discontinuing and withdrawing my client’s Petition for Approval of the Sale of Real Property,” reads the email from Schofield. “We will likely refile the proceeding in the near future.”