Former Superfund site in West Islip bought for $2.45M ahead of development

New York /
May.May 13, 2019 04:42 PM

Roger Delisle and his development team, Smithtown-based Island Associates, have paid $2.45 million for a 4.1-acre former Superfund site in West Islip they hope to transform into a retail center, Long Island Business News reported. When complete, the $12 million project will hold a Quick Check market and gas station, a free-standing restaurant and a 9,000-square-foot retail center at 425 Union Boulevard. A factory was built on the site in 1938. But manufacturing on the property so badly contaminated the soil below that the U.S. Environmental Protection Agency designated it a Superfund site. Delisle bought the land from the Dzus Fastener Company and the developer is already working with New York’s Department of Environmental Conservation to test and clean the property. Dzus and its parent company, DFCI Solutions, are in charge of the actual remediation. Thousands of tons of tainted soil was dug out of the site in the 1990s, leading the DEC to rule that the dangerous contamination there had stabilized. But Superstorm Sandy stirred up polluted soil again, forcing more cleanup at the site. Delisle represented the buyers in the recent sale, while LIBN noted that Harvey Kolin of Corporate Commercial Realty took the lead for Dzus. [LIBN]


Related Articles

arrow_forward_ios
Cushman's Gary Gabriel and Adam Spies with one of the Long Island Industrial Assets (Cushman, Sherwood Equities, Getty Images)
Silverman grabs Sherwood industrial portfolio for $76M
Silverman grabs Sherwood industrial portfolio for $76M
Ruschmeyer’s Hotel (Facebook, Getty)
Montauk hotspot quietly for sale after losing liquor license
Montauk hotspot quietly for sale after losing liquor license
Planet FItness' Chris Rondeau with 177 Old Country Road (Planet Fitness, Google Maps)
Planet Fitness filling Long Island’s retail vacuum
Planet Fitness filling Long Island’s retail vacuum
Five Pointe Real Estate's Corey Gluckstal with 7 Beach Lane (Five Pointe Real Estate, Douglas Elliman)
Westhampton Beach inn to reopen as luxury hotel
Westhampton Beach inn to reopen as luxury hotel
Verco Properties' John Verni with 227-239 Harrison Avenue (Twitter, Google Maps)
Tri-state deals: NJ industrial portfolio sale, multifamily deal in Westchester
Tri-state deals: NJ industrial portfolio sale, multifamily deal in Westchester
Illustration by Kevin Cifuentes for The Real Deal with Getty Images)
“Sucks, right?” Long Island landlord fined for fair housing violation
“Sucks, right?” Long Island landlord fined for fair housing violation
Tesla's Elon Musk and 1350 Corporate Drive in Westbury (Mattone Investors, Getty)
Tri-state deals: Tesla snaps up 50K sf for showroom, Albany hotel trades hands
Tri-state deals: Tesla snaps up 50K sf for showroom, Albany hotel trades hands
1724 5th Avenue (Loopnet, iStock)
Foodmaker ups footprint by 200K sf at former Entenmann’s factory
Foodmaker ups footprint by 200K sf at former Entenmann’s factory
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...