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July 14, 2006
Yonkers IDA OKs condemnation
The Journal News
By Michael Gannon
The Yonkers Industrial Development Agency (IDA) cleared the way to start eminent domain condemnations if the city couldn't strike a deal with three property owners (the largest being Con Edison) for Bruce Ratner's recently approved Ridge Hill Village proposal.
In an agreement adopted by the IDA yesterday morning, the agency noted that Con Edison had agreed not to challenge the efforts to take the land the developer needs to build the road, as long as the IDA did not take more property than it needed and met other conditions regarding access and security for a nearby substation.
Mayor Phil Amicone, chairman of the IDA, said he also expected to amicably acquire property owned by the Boyce Thompson Institute of Plant Research, and Mark Herrmann, owner of Mark Buick-Pontiac-GMC in Yonkers.
"I believe we'll probably have negotiated sales," Amicone said. "This only clears the way to use condemnation, if necessary."
Posted by lumi at July 14, 2006 7:02 AM