So happy to learn that NYMA has survived this ordeal. The school is so essential to the character and beauty of this delightful small town.
posted by kathleen mulrenin downs on 07/03/10 at 5:45 PM
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Amen. For more than just the obvious, this is a tremendously positive turn of events. The Bonura Family has invested a lifetime in their community and Joe's business savvy is a priceless addition to the NYMA BOD. Thank you Joe, Mr. Corts and all the folks who worked so hard to ensure a second chance.
posted by Regina McGrade on 07/03/10 at 5:52 PM
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Can someone clarify if this is the same Wayne Corts that was involved in the ACE farm deal?
posted by j h on 07/03/10 at 8:30 PM
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Read a 2004 article about Wayne Corts here:
archive.recordonline.com/archive/2004/02/01/camfarmw.htm
posted by Rachael Skigen on 07/03/10 at 11:27 PM
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5.8 million to develop faculty road sounds like a short term fix.
posted by thom munterich on 07/04/10 at 8:51 AM
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its here
posted by j h on 07/04/10 at 10:08 AM
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Looks like we have a wolf in sheep's clothing as one of the "saviors" of NYMA. What initially appeared to be goods news is now confirmation that the town of Cornwall residents are about to get scammed.....where is the town board in all this? Who is going to share in the $1,000,000.00 "finder's fee" this time? What a disgrace!
posted by Gerry Wagner on 07/04/10 at 10:53 AM
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Looks like a potential "Conflict of Interest" to me. How can you be on a non-profit board and also be doing self-dealing as well? Furthermore, once you break out the lots and sell off the faculty housing, you are now entering the realm of the "Fair Housing Act" which I would recommend concerned readers to Google so they understand what the legal ramifications are when selling residential real estate. This could very well be the "Trojan Horse" that we should open up and look inside of.
posted by PETER MALONE on 07/04/10 at 3:09 PM
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Are there any straight-forward, honest people involved in this deal? What are you hiding about this plan? Who is the mystery third investor and why don?t you want to be known? The reason for the failure of NYMA is the back door deals, interest only in self-enrichment and a complete lack of ability to manage a business. Forget the Fair Housing Act. When the property is sold, any regulations will become the responsibility of the new owners. Where will the students be housed? Will they have athletic facilities? What kind of high school experience are you going to have without these things? Most importantly, where will your students come from if you can only guarantee one year before new financial problems set in? This has nothing to do with saving NYMA or the face of your town. This has everything to do with a few insiders raking in the dough. God bless America!
posted by Shirley Sattler on 07/04/10 at 5:33 PM
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The only thing that will save Cornwall is forming a village of the whole town. But the people will have to do it themselves, just as it was done in Woodbury. Don't sit back and wait for the politicians to save Cornwall.
posted by mary ferraro on 07/06/10 at 9:13 PM
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The Alumni have been working very hard for MONTHS to keep the school open. For those who think it's a big scam for their pockets, have you put in the time or money that they have? Don't assume the worst in the only people who have turned the school around and are keeping it open!
posted by Kristen Gerlach on 07/16/10 at 8:11 PM
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