Footer Featured Widget
Moynihan: Town Has ‘Reached a Deal’ To Acquire Gulf Station Property
|
New Canaan’s highest elected official said during a recent debate that the town has “reached a deal” to purchase the Gulf Station property at South Avenue and Cherry Street. First Selectman Kevin Moynihan during a July 18 pre-Republican Caucus debate said, “We’re working on a transaction—since there’s no press here—we’ve reached a deal to acquire the Gulf Station, to get the Gulf Station next to the library. That was a transaction people said couldn’t be done, and we have a deal to get it done.”
He spoke in response to a question put to Republican first selectman candidates regarding why they’re the best candidates for the town’s top job. It wasn’t clear from Moynihan’s comments how far along the “deal” for the property is, whether its current owners are selling or what the town would do with the .31-acre parcel at 36 South Ave.
It was purchased for $4.7 million three years ago, by a limited liability company whose principals include a Norwalk man, according to Connecticut Secretary of the State records.
New Canaan Library owns the rest of the downtown block. The prospect of the town buying the Gulf station first publicly emerged as a Board of Selectmen meeting in April.