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Brooklyn Navy Yard to revamp long-dormant power plant.

Brooklyn Navy Yard The United States Navy Yard, New York - better known as the Brooklyn Navy Yard or the New York Naval Shipyard (NYNSY) - is located 1.7 miles northeast of the Battery on the Brooklyn side of the East River in Wallabout Basin, a semicircular bend of the East River  to revamp re·vamp  
tr.v. re·vamped, re·vamp·ing, re·vamps
1. To patch up or restore; renovate.

2. To revise or reconstruct (a manuscript, for example).

3. To vamp (a shoe) anew.

 long-dormant power plant

The Brooklyn Navy Yard Development Corporation (BNYDC) announced that an agreement has been reached which will lead to the reuse of the former military base's long-dormant power plant. The agreement, between York Research Inc., which leases the power plant from the Navy Yard and will operate it once it is refurbished, and Consolidated Edison This article is about the utility company in New York. For ComEd in Illinois, see Commonwealth Edison.
Consolidated Edison, Inc. NYSE: ED is one of the largest investor-owned energy companies in the United States.
 Co., is for the sale of cogenerated energy and steam to be generated at the plant.

BNYDC Chairman Richard Lukins Richard Lukins is a well-known figure in the UK's car enthusiast scene, having previously been secretary of the Ferrari Owners' Club London section and proprietor of the now-defunct Rosso Corsa Sales Ltd ([1]  said, "When the Navy Yard was first constructed, it was designed as a self-contained base, able to support the activity for which the facility was built. The power plant, which once burned coal, is being converted to a gas-fired plant. This is another example of a resource that the Navy Yard provides to bolster the area's economy."

York Research executed three power sale agreements with Consolidated Edison Company for a total of 170 megawatts of future electric generating capacity. In addition to selling electricity and steam to Con Edison, the power plant will provide a reliable source of low cost energy to Navy Yard tenants. In addition, the plant will be marketed to nearby which employ a total of 71 people, are as follows: * ESP (1) (Enhanced Service Provider) An organization that adds value to basic telephone service by offering such features as call-forwarding, call-detailing and protocol conversion.  International, a start-up minority financial and consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee
consulting firm

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 that employs three people and will occupy 1,300 square feet of space. * Koh San, a woman-owned start-up furniture manufacturer, employs two people and will occupy 2,600 square-feet of space * Pyramid International Construction Co., Inc., a two-person construction company, will lease 1,150 square feet of space to house its new operation * Maxim Ralph Photography, a minority-owned photography company that employs two people, will occupy 950 square feet of space * P.C.M. Construction, a construction company that currently occupies one acre of land, will expand to an adjacent one acre site. The company currently employs 60 people * Sculptural Engineering, an existing metal fabricator fab·ri·cate  
tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates
1. To make; create.

2. To construct by combining or assembling diverse, typically standardized parts:
 which currently occupies 880 square feet of space, will expand to an additional 420 square feet of space. The company currently employs two people.
COPYRIGHT 1991 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Article Type:Brief Article
Date:Dec 4, 1991
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