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Who is William Harley III and how did he purchase the Piney Point site?


William Harley III was a wealthy hedge fund operator said to have managed $1.5 billion in assets. He owned a Hooters restaurant in New York, a pecan farm in Texas, and at one point he attempted to build a massive electric car plant in Syracuse with the help of friend and current U.S. Senate Majority Leader Chuck Schumer.
Also in Harley’s portfolio? Piney Point, a chemistry-set chunk of land in northern Manatee County he purchased for $4.2 million in 2006 and remains associated with, according to court records, though it is currently in foreclosure after Harley and his company failed to repay a $17.5 million loan secured by the property. ....

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