Special City Council Meeting Wednesday on Lester's Property

Eventually the City of Rye will get out of the landlord business. The council has acknowledged it needs to sell 1037 Boston Post Road, now occupied by .

That process moves forward with the City Council holding a special meeting this Wednesday at 7 p.m. to discuss extending its current leasee– Lester's of Rye, LLC– an opportunity to purchase the property before a due diligence period identifying other eligible bidders ends on June 13.

According to MyRye.com, Lester's of Rye is seriously interested in the purchase.