The 11-acre Ardsley site of former chemical plant sells for $1.85M

The former site of the Dutch-owned Akzo Nobel chemical plant near Ardsley recently sold for $1.85 million to Environmental Liability Transfer, the Westchester Business Journal reported. The new owner is a St. Louis-based assumption firm for environment liability. Parts of the site have already been redeveloped to accommodate retail spaces including Chauncey Square and Rivertowns Square. Environmental Liability Transfer plans to restore the contaminated area, where plans for an apartment complex were hotly contested, and eventually withdrawn, last year. [WBJ]