GREECE, N.Y. – New information has emerged about the Crescent Beach Restaurant in Greece, which has been abandoned for some time. Court documents revealed that the restaurant received a “letter of intent” from a potential buyer in April.
Locals speculate that Wegman Companies Inc. might be interested in purchasing the restaurant. Jay Wegman, vice president of operations, said, “There’s been no progression,” but declined to provide further details.
Rachel Adams Goertel expressed hope for the restaurant’s revival. “It would be great if someone came in and bought the restaurant,” Goertel said. “Crescent Beach would really be a contribution to the neighborhood right here in Greece and Hilton in Rochester.”
The restaurant’s previous owner, Katherine Mott-Formicola, forfeited it to the U.S. government last December after pleading guilty to money laundering. Many locals were disappointed that the restaurant’s revival under Mott-Formicola did not succeed.
“Yeah, she bought it. I don’t know what she would do with it, but I was rooting for her,” said Laarry Jenkins. “But that didn’t happen for her. So I hope someday it’ll open it up and bring it back again.”
Greece town leaders confirmed there is a deal on the table but did not disclose details about the potential buyer.
Mott-Formicola’s sentencing was initially scheduled for May but has been moved to early August.
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