THE DAY (December 9, 2019) — A three-day online auction starts at 3 p.m. Tuesday to sell the Marina at American Wharf at Norwich Harbor either in its entirety or broken up into subsections.
The sale could bring to a close the city’s troubled relationship with current owner Joyal Capital Management LLC.
Joyal has had the marina property for sale for the past two years with an asking price of $1.8 million, and prospective buyers have come and gone without completing a deal. Joyal Capital Management now has enlisted the real estate auction firm Tranzon to conduct a three-day online only auction from 3 p.m. Tuesday through 3 p.m. Friday.
