[UPDATE] Is Mickey Rats Being Sold?

***UPDATE***
Mickey Rats Beach Club is still up for sale. The owner says the Paladino contract expired, according to The Buffalo News.

Long-time owner Richi Alberts said that the contract with Paladino and four other investors expired in early September after 90 days and was no longer valid. As a result, he said, it’s business as usual right now as the summer season comes to an end.

“I’m having a seasonal closing party this Saturday, as I usually do,” he said, adding that he currently plans to reopen next year, although it’s still for sale.

ORIGINAL POST:

It's one of our favorite places to be in the summer.  According to The Buffalo News, Mickey Rats Beach Club is being sold to The Paladino Firm.

Rumors of a sell have been swirling for weeks around the popular summer hangout, but The Buffalo News confirmed it today:

William Paladino, CEO of Ellicott Development Co., on Wednesday confirmed rumors that the Evans club and its Captain Kidds Restaurant are under contract to be acquired by the Buffalo developer.

Will they turn it into an upscale restaurant?  Apartments?  There is no clear cut plan at this point as they say they're still considering the options with the property.

It will be hard to forget all the great times we've had there.  Weekend after weekend we spent with our friends on the beach at Mickey Rats.  We helped to raise thousands of dollars for great charities right here in Western New York with some incredible acts at the Country On The Coast Charity concerts.

We certainly want to thank them for letting us be such a big part of their summers.