[CPEO-BIF] New York "DEC Says Clean Up Brownfield Before Building 35 Story Tower"

[Lenny Siegel <LSiegel@cpeo.org>]

Developer Wants to Build Lux Condos on E. 78th St, but DEC Says: Clean Up Brownfield Before Building 35 Story Tower
A West Coast real estate developer bought the nearly quarter acre plot at the corner of E. 78th St. and First Ave. for $73.5 million late last year with plans to build a luxury condo complex but first the NYS Department of Environment Conservation said containments of groundwater and soil must be cleaned up and is now seeking public input on a proposed plan. 

by KEITH J. KELLY
Westside Spirit (NY)
February 13, 2023

A San Francisco real estate developer bought the quarter acre lot at E. 78th St. and First Ave. for $73.5 million late last year with plans to erect a luxury condo apartment complex on the site that could stretch up to 35 stories high–but before any work can begin the NYS Department of Environmental Conservation (DEC) says soil and grondwater contaminants must be cleared first.

Carmel Partners has big plans for the site. According to linecity, a blog which tracks real estate filings, the company has already filed plans with the building department for a 24 story, 209-foot-tall development that will total 195,299 square feet and include 182,020 square feet of residential space and of 13,279 square feet of commercial space. “The average size of an apartment, based on gross numbers, will be a very robust 1,936 square feet,” according to linecity, which said the developer is calling for 94 units.

…

For the entire article, see
https://www.westsidespirit.com/news/developer-wants-to-build-lux-condos-on-e-78th-st-but-dec-says-clean-up-brownfield-before-building-35-story-tower-YM2394890

—

Lenny Siegel
Executive Director
Center for Public Environmental Oversight
A project of the Pacific Studies Center
LSiegel@cpeo.org
P.O. Box 998, Mountain View, CA 94042
Voice/Fax: 650-961-8918
http://www.cpeo.org
Author: DISTURBING THE WAR: The Inside Story of the Movement to Get Stanford University out of Southeast Asia - 1965–1975 (See http://a3mreunion.org)

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