RI: Developer facing tax sale in bankrupt town

posted by
August 18, 2011
Associated Press    
Posted in News, PND News

"City finance officials say a tax sale has been set for 10 a.m. today on the M Residential building. The 39-unit complex was developed by Louis Yip, 60, an immigrant who opened his first restaurant in Central Falls more than 35 years ago. Receiver Robert Flanders said Yip owes $262,000 in taxes on 28 condominium units and one undeveloped land parcel." (08/18/11)


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