Suffolk County’s farmland development rights will remain intact at a 90-acre parcel of the Abbess Farm in Calverton, despite the foreclosure auction in April of a separate, 45-acre piece of the Abess property, said a lawyer for the buyer.
The 45 acres were seized in foreclosure on April 14 by the mortgage holder, Quest Ventures Ltd., said Quest’s attorney Richard Handler, of Amityville. The buyer has not yet decided what to do with the land, he said.
The foreclosure took place at Suffolk Supreme Court.
The section of the farm taken in foreclosure consists of several parcels, with addresses at 3581 Middle Country Rd. and 3605 Middle Country Rd., Calverton; and on River Road, Riverhead.
The foreclosure judgments against Marie Tooker were for $2,896,216 for the first mortgage, $1,025,346 for the second mortgage and $173,947 for the third mortgage, plus interest and costs.
Suffolk County paid $3.6 million in 2005 for the development rights to the 90 acres, and the owner used that money to pay a separate mortgage on the farm, Handler said.
“The rest of the farm remains with development rights sold to the county,” Handler said. Quest is evaluating the land now, before deciding whether to sell the land, develop it or keep it, he said.
The farm had been in the news over the years for outdoor concerts benefitting veterans and other causes. Above, for example, Louis Re performs before he jumps a stretch limo and a car on his motorcycle during a carnival for charity dedicated for homeless veterans at Abbess Farm in 2008.
Also, in recent months, Tooker's horses escaped the farm twice and were recovered along the Long Island Expressway; and Riverhead media reported that the Suffolk SPCA had taken custody of a number of malnourished horses there.
Read more of Inside Long Island Business