By Ashley Onyon, Amsterdam Recorder (NY)
The couple that holds a purchase option agreement for the former Nathan’s Waste and Paper Stock Co. on the South Side has submitted a Brownfield Cleanup Program application to the state Department of Environmental Conservation.
The Common Council in April approved a six-month purchase option agreement for 111 Erie Terrace with Mary and Michael Keegan of Schenectady. The contract provides the husband and wife the exclusive right to purchase the property for $250 by exercising their option.
The deal was sought by city officials and the Keegans to provide the couple time to investigate the environmental condition of the brownfield site. The roughly two acre property was operated as Nathan’s Waste and Paper Stock, a junkyard, from 1971 to 1993. A pair of partially collapsed buildings currently stand at the site that has remained vacant since the closure of the junkyard.
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Posted August 5, 2021