The league disliked having the estate sell the team, but it had no choice.
The estate, which had cost Gould over $1 million, sold for only $600,000, including the furnishing.
She added, "Let's see what the land goes for when the estate sells it."
His estate sold the property after he died from a heart attack in the early 1990s.
Whether the estate would sell the balance of its holdings in the open market was not clear yesterday.
The resident, or the estate, can sell the membership, but the price will depend on market conditions.
Evidence shows that the estate did not sell as James was the name of the licensee until at least 1822.
Following his death in 1945, Young's estate sold the station.
Hess died last May, and his estate sold the team for $635 million.
By 1987 Meadowlands' real estate was selling for $500,000 per acre.