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Eastern Railroad Discussion > Saratoga and North Creek locked out of bldg over back rent


Date: 09/18/17 20:55
Saratoga and North Creek locked out of bldg over back rent
Author: GenePoon

Landlord shuts railroad out of building over unpaid rent
The Post-Star
By Don Lehman

> JOHNSBURG NY — The owner of a storage building next to the North
> Creek rail station said he has locked Saratoga & North Creek Railway
> out of the building because of $25,000 in unpaid rent.
>
> The large building, located at 320 Main St., to the left of the
> driveway into the rail depot, was being used by the railroad for
> storage, including that of equipment for the annual Polar Express
> holiday trips, a backhoe and other equipment, according to property
> owner John McAlonen.
>
> McAlonen said the company was behind on its rent into last year, and
> its last check, for $1,000, bounced. In all, he said, $25,000 is
> owed.
>
> McAlonen said he locked the building on Wednesday, and heard the next
> day from a representative of the company, who said he would get back
> to him about payment. But as of Monday morning, he had not heard
> anything further.
>
> Justin Gonyo, the railroad’s general manager, said in an email that
> the company has no comment on the situation, describing it as
> “private relations between private companies.”

Full story:

http://poststar.com/news/local/landlord-shuts-railroad-out-of-building-over-unpaid-rent/article_63aa9870-ca30-50e9-a2f5-ffb0da0af25d.html



Date: 09/19/17 05:32
Re: Saratoga and North Creek locked out of bldg over back rent
Author: joemvcnj

$25K from a company that size is not much money. What is the problem over there ?



Date: 09/19/17 11:08
Re: Saratoga and North Creek locked out of bldg over back rent
Author: stuporchief

The railroad must have temporarily run out of Other People's Money. I'm sure they'll find some more.



Date: 09/19/17 17:51
Re: Saratoga and North Creek locked out of bldg over back rent
Author: TrackGuy

Thats IOUPacific.

TG

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