Horace Nye one step from the market

— The Essex County Board of Supervisors’ Ways and Means Committee has moved along a resolution to explore the future of the Horace Nye Nursing Home to the full board to vote on next Monday, Nov. 7.

The vote to allow real estate investment services group Marcus & Millichap to explore the market for the potential to buy and/or lease the facility passed with 13 supervisors voting for the measure, four voting against and one absent.

The vote came after a presentation by Marcus and Millichap associate Joshua Jandris, one of the organization’s members who specializes in nursing home sales.

“Because of the upside, the potential and the value of ownership in a market like this, there is definitely an upside,” Jandris said. “We have built a database of about 18,000 contacts throughout the country. When we market a county home, we market it to the entire country. There will be a high level of interest, whether it is a lease or a purchase. You will get a lot of interest from local and national interested parties.”

County Manager Daniel Palmer said that the resolution gave the county a chance to explore their options, not to make a sale.

“Four-point-one million dollars out of the county budget will be needed to support the nursing home,” Palmer said. “All I have been saying is that we need to go out and find out what the interest is. This process does not say that you are going to sell the nursing home, and it does not say that you are going to lease the nursing home. It is just saying that we are going to look at our options and find out what is in the best interests of the taxpayers.”

The four dissenting votes included Moriah Supervisor Thomas “Tom” Scozzafava, Chesterfield’s Gerald “Gerry” Morrow, Essex’s Sharon Boisen and Willsboro’s Ed Hatch.

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