Even though Holcim has acknowledged that the first income and expense statement they submitted was for a different property, today's Register-Star reports that Holcim is still claiming that they realize no income from the dock or all the gravel-hauling activity that Hudson is subjected to every day: "Holcim maintains: no income from dock." The article quotes a recent letter from Holcim attorney Bruce J. Stavitsky: “I have been advised by Holcim US Inc. that in regard to its property in Hudson, New York, there is no rental income realized by this location. O&G reimburses Holcim for all property taxes assessed to Holcim for this site."
Poor Holcim. Someone should relieve them of this woefully unproductive possession.