Tuesday, March 16, 2010

Superfund Designation Still Eyed Warily by Some

The hits just keep on coming. From the Brooklyn Eagle:

"Dolly Williams, a former member of the City Planning Commission, told an overflow crowd at a public meeting last week that a potential deal fell through because of the stigma associated with the designation, which will trigger a $500 million federally overseen cleanup of the polluted canal.

“I just lost the sale. It’s because of Superfund,” said Williams, co-founder of A. Williams Construction, a general contracting firm based on Third Avenue.

She said the prospective buyer of a property on Ninth Street read about the designation, and was suddenly “no longer interested.”

Williams said a depressed real market has people already adopting a “wait and see” attitude. But the designation is going to make buyers even more cautious, she warned, making it difficult for people like Williams who, she said, “work and create [to] jump start the economy.”"


As my old boss would have said "too bad, so sad". Our economic problems are a little deeper than the Gowanus.

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