Court Documents: Sherman Hills Sale Price Tops $16M

Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)

The current owners of the troubled Sherman Hills Apartments in Wilkes-Barre will receive more than $16 million should a proposed sale be finalized this month, according to court documents filed Tuesday in Luzerne County Court.

Family members of a murder victim are trying to block the sale or have the sale proceeds placed in escrow, claiming the sale of the low-income housing project would make the complex “judgement proof.”

On Tuesday, lawyers for Sherman Hills filed their response, saying the sale should be allowed to proceed.  The sales agreement was attached to the response and revealed Brooklyn, N.Y.-based Park Management, the complex’s owner, will be paid $16.2 million from the sale.

Survivors of murder victim Shantique Goodson, 27, fatally shot at the complex on Nov. 11, 2013, are seeking an injunction to block the sale, or place the sale proceeds in escrow, until the lawsuit plays out. A hearing on the matter is scheduled for Wednesday morning in Luzerne County Court.

Read more: http://citizensvoice.com/news/court-documents-sherman-hills-sale-price-tops-16m-1.1664522

Sherman Hills Owner Promises Changes To Troubled Complex

Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)

The Brooklyn, N.Y., owner of the troubled Sherman Hills Apartments has vowed to create a gated community, hire armed security officers and repair and improve video surveillance, according to the Sherman Hills Task Force.

The disclosure came in a conversation between U.S. Rep. Matt Cartwright, D-Moosic, who initiated the task force, and of Park Management Inc., who said the business is sending Wilkes-Barre City Council a report outlining its plans, Cartwright spokesman Shane Seaver said.

The task force is meeting Monday morning to discuss those and other plans to address the troubled Sherman Hills complex, which has been plagued by crime in recent months.

Read more: http://citizensvoice.com/news/sherman-hills-owner-promises-changes-to-troubled-complex-1.1601842