Landlord Of Former Jamestown Brewing Company Building Facing Foreclosure

May 20, 2022 By News Staff Courts, Jamestown 0

WNYNewsNow File Image.

JAMESTOWN – The landlord of the former Jamestown Brewing Company building is facing foreclosure.

As first reported by WRFA Radio, Evans Bank is suing G Patti Enterprises LLC, owner George Patti, and the Chautauqua County Industrial Development Agency for failure to pay their mortgage.

GPatti Enterprices LLC holds a $1.5 million mortgage with Evans Bank for the property at the corner of West Third and Washington Streets in Downtown Jamestown.


The loan was first executed in July 2018, with the financial institution determining in September 2021 that the holder defaulted. Evans Bank is now seeking full re-payment as part of their legal suit.

The bank previously sued G Patti Enterprises LLC last June for alleged misappropriation of funds related to the Jamestown Brewing operation. The case was closed following a payment on the loan.

 



Make it easy to keep up to date with more stories like this. Download the WNY News Now mobile app on the Apple App Store and Google Play Store.

 

Have a news tip? Email newsdesk@WNYNewsNow.com, send us a message on Facebook, or Twitter.

WNY News Now encourages an open exchange of opinions and ideas on our stories, however, we ask everyone to follow our comment policy.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.