Petitioner purchased the Grout Park School from the City of Schenectady School Board on January 11, 1985. However, respondent had previously targeted the school as a prime industrial development site for Oxygen Enrichment Company, Ltd. (OE Co.), an industrial concern the City desired to retain in the community. To that end zoning changes were enacted and a special use permit was granted for the area. OE Co. initially outbid petitioner for the...
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