$3.9 Million for Gowanus Cleanup
The Real Deal reports that the Feds entered into a $3.9 million settlement with Chemtura, the chemical manufacturing firm that was among the many companies the EPA is targeting to recover damages to pay for the clean-up of the Gowanus Canal. The company is tied up in bankruptcy proceedings, and is also being sued for…

The Real Deal reports that the Feds entered into a $3.9 million settlement with Chemtura, the chemical manufacturing firm that was among the many companies the EPA is targeting to recover damages to pay for the clean-up of the Gowanus Canal. The company is tied up in bankruptcy proceedings, and is also being sued for contamination in the Red Hook Ball Fields. The settlement will be approved after a 30-day comment period.
Feds Win $4M for Gowanus Cleanup [TRD]
EPA Gets Cracking on List of Polluters [Brownstoner]
Photo by Pro-Zak
Good point chuck.
Plus, canals are great assets.
They attract all kinds of good development.
Take a look at canals around the world — whether in San Antonio or Paris — and you will find that good canals attract wonderful development.
Now contrast this with canals that have been filled-in, such as much of the Erie Canal upstate. What have they become? Boulevards with fast food restaurants, shopping malls, and gas stations.
they still have to clean it out even if they fill it in. it’s the toxic soil at the bottom of the canal that’s expensive to remove. That, and the soil around it.
If they just put dirt on top it, the toxins leach up into it.
probably their insurers agreed to pay. the insurers probably went to the US Attorney and said” here is the money we may have to pay”, the company can’t pay anything so take it and leave everyone alone.
At least its a start.
Could not agree more with Stargazer.
Drain the canal, put in wahtever sewer lines or pipes are needed to vent storm water overflow, and fill the whole thing in. What the hell do we need a 50′ wide canal smack dab in the middle of Brooklyn for anyway?
What a freaking waste of time money and energy. I still say this fetid body of water is not worth it to clean, it should just be damned, then drained and filled in.
natural grass and trees should be planted and this should just be left as natural wilderness, something Brooklyn needs more of.
Not every single spec of land needs to be something special…….
Great, glad the issues with Gowanus are all cleared up. Does this mean that the Toll Bros. luxury condo on the Brooklyn Riviera is now going forward?
$3.9Million???
ROTFLMMFAO
Whaddya expect to accomplish with that, send a guy on a skiff to pick condoms off the surface???
that’s great. a promise to pay from a company already bk’d. really? can’t we start with the companies that have deep pockets? move then to ones with pockets? instead of starting with empty pockets. sheesh.
seriously, anyone opine on liklihood that a bk judge will allow this newly agreed claim to jump in front of all the claims that landed them in bk court in the first place?