Closing Bell: Power Play in Dumbo


    Con Ed’s waterfront plant in Dumbo probably made perfect sense back in the day when the neighborhood was a manufacturing ghost town but now that it’s become the most valuable real estate in the borough tensions are mounting. The fact that there have been two explosion in the past nine months hasn’t helped either. “The accidents are outrageous,” said Doreen Gallo, who heads the DUMBO Neighborhood Alliance. “It’s a toxic site that should be parkland.” Councilman Steve Levin concurs but don’t expect to see any greenspace any time soon. Con Ed spokesperson Robert McGee said there were no current plans to shut the site down because “it’s one of our bigger substations” and essential to powering nearby neighborhoods.
    DUMBOers: Pull plug on Con Ed [NY Post]

    What's Happening