Auction could breathe life into Beach in Old Lyme - WFSB 3 Connecticut

Auction could breathe life into Beach in Old Lyme

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OLD LYME, CT (WFSB) -

Several long vacant commercial properties in Old Lyme could soon spark new life at Sound View Beach.

Four of the five vacant properties on Hartford Avenue were recently purchased during an auction.

Two of the prospective owners told Eyewitness News that the deal's not done until the court approves their bids.

Once the sales are approved, work could begin this spring.

One of the buildings on the street was purchased by Bill Randazzo for $105,000 and he told Eyewitness News that its time to re-invest and rejuvenate the tired street. 

"I want to try and bring that back to Sound View and I think we could," he said. "We gotta cleanup some of the properties down there make people want to come there."

Randazzo told Eyewitness News if the courts approve his bid, he'll work with the town to open a restaurant.

"It's good for Old Lyme, it's good for Hartford Avenue. We'd love to see that cleaned up, viable businesses down there," said Old Lyme First Selectman Bonnie Reemsnyder. "Whatever their decisions are, cleaning it up is urgent for us."

The town's already planning to do its part with a $660,000 state/federal grant in the works to upgrade the beach parking lot and install bathrooms.

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