Creditor Expects Sale By August’s End
COOPERSTOWN – Sixty people – contractors, bankers, realtors and would-be owners of property on Otsego Lake – gathered in the lobby of the Otsego County Office building at 10 this morning, only to be disappointed again.
After a 15-minute wait, it was announced that the foreclosure on former rapper Peter Nash’s 1.17-acre lot, home and 200 feet of lakefront at Pegg’s Bay was delayed by a court order.
Robert Fraser, who identified himself as one of three mortgage holders on the property, then addressed the gathering. He said county Court Judge Brian Burns had issued an order Wednesday on behalf of Nash’s wife, Roxanne.