
The most recent development team to attempt a purchase wanted to build 1,800 housing units and is suing the state to force the sale of the property. Residents had organized to stop high-density housing, fearing its impact on their streets, schools and property tax bills. The Empire State Development Corp., the state's economic development agency handling the sale of the property, backed out of a deal with Woodmere-based Arker Companies and North Carolina-based Cherokee Investment Partners. Anselm Fusco, senior vice president of Cherokee Northeast, said the team still was anxious to pursue its project. "We welcome any initiative that facilitates a successful redevelopment project by helping to address environmental remediation, development density and public benefits," Fusco said Friday in a written statement.
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