|From:||Lenny Siegel <firstname.lastname@example.org>|
|Date:||Fri, 14 Nov 2008 00:33:33 -0800 (PST)|
|Subject:||[CPEO-BIF] Remington-Rand site, North Tonawanda, New York|
NORTH TONAWANDA: Rand project getting legs By Neale Gulley Tonawanda News (NY) November 13, 2008Developers with Sweeney Street's $15 million Remington-Rand rehab have been approved for state Brownfield tax credits at long last.
The money, which can be used to offset up to 10 percent of a project's cost, is directed at demolishing and then cleaning up old contaminated industry buildings statewide.
It was a necessary step for the developer, Kissling Interests L.L.C., and looked dicey early this summer when the program was halted in Albany due to mismanagement. Now the paperwork has come back stamped "approved" after months in line.
Kissling also said approval on a construction loan in the coming days will round out the costs to turn the one-time typewriter factory into a cutting edge live/work environment based on a concept already booming in sections of Manhattan - SOHO and Tribeca - Cleveland and elsewhere in the nation.
... For the entire article, see http://www.tonawanda-news.com/thetonawandas/local_story_318012251.html?keyword=topstory -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <email@example.com> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org
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