The Real Deal New York

After racking up $6.5M in tax liens, former Bay Shore power plant sold for $343K

April 30, 2018 02:25PM

The former Hubbard Power & Light plant has sat empty for 23 years, accruing about $6.5 million in tax liens over that time. Vincent Trapani, a Bay Shore businessman, bought the site for $343,000, in a transaction completed in February. The liens were forgiven as a part of the transaction. He plans to redevelop the 1.3-acre property into a truck repair facility [Newsday]