Orange County IDA Approves Tax-Exempt Bonds for Buyer of Glen Arden

Orange County IDA Approves Tax-Exempt Bonds for Buyer of Glen Arden
Glen Arden, a continuing care retirement community, in Goshen, N.Y., on June 27, 2023. Cara Ding/The Epoch Times
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The Orange County Industrial Development Agency (IDA) on June 21 approved the re-issuance of a decades-old tax-exempt bond to facilitate the pending sale of Glen Arden.

Glen Arden is a Goshen-based, high-end retirement community that has been mired in financial distress for years and failed to pay local taxes since 2021.