ELLENVILLE – Seeming to justify the fears and speculation regarding news of a sale of the Nevele Grande Resort, potential buyer Rafi Weiss of Brooklyn-based Tricon Development said in an interview Sunday, February 7, that his company would cease its movement forward to purchase the property, which has been closed since last summer. According to Weiss, the main obstacle to closing the deal revolved around the ongoing litigation between current-owner Joel Hoffman and his former business partner, Mitchell Wolff.

"We are concerned that by the time all of the fighting ends, and we, who are innocent people who really wanted to sincerely make it work — we're going to end up with a shell of what it [the Nevele] was," said Weiss.   > MORE