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Brownfield turnaround.



The Arker Companies, a leading developer of affordable housing in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, has set two new standards for brownfield redevelopment in its transformation of a once-contaminated Bronx brownfield site into 100 units of high-quality, affordable housing.

State environmental officials have certified that White Plains Courtyard at 2060 White Plains Road has attained the state's top-of-class "Track 1" cleanup ranking. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 The Arker Companies, this development represents the first affordable housing initiative in the state--and also the first brownfield remediation in the Bronx--to have gained this distinction.

[ILLUSTRATION OMITTED]

Under the rarely awarded "Track 1" state designation, because of the thoroughness of site remediation, White Plains Courtyard won qualification for "unrestricted use" by meeting the most demanding and stringent environmental standards set by New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 State's Brownfield Cleanup Program.

The Arker Companies' redevelopment Initiative--which includes retail space occupied by a Staples store--is situated in the Morris Park neighborhood. The Staples outlet employs approximately 30 people on a full-time or part-time basis.

"More than ever, New Yorkers need first-rate affordable housing," said Sol Arker, a principal of The Arker Companies. "The Arker Companies is proud to have set two historic milestones at White Plains Courtyard. Reflecting our commitment to environmental preservation Environmental preservation is the strict setting aside of natural resources to prevent the use or contact by humans or by human intervention. In terms of policy making this often means setting aside areas as nature reserves (otherwise known as wildlife reserves), parks, or other , this remediation is the first affordable housing complex in New York State to meet the state's strictest brownfield cleanup criteria. In addition, this site stands as the first brownfield turnaround in the Bronx to have ever met the state's highest cleanup standard."

"We are gratified grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 to be recognized by New York State as pioneers in responsible development," said Arker.

Arker acknowledged the assistance of Bronx Borough President Borough President (informally BP, or Beep in slang) is an elective office in each of the five boroughs of New York City.

The offices of borough president were created in 1898 with the formation of the City of Greater New York.
 Adolfo Carrion, Jr. in helping to advance the project. He also said that City Council members James Vacca James Vacca is a Member of the New York City Council representing the 13th Council District, which includes the neighborhoods of Throggs Neck, Pelham Bay, Country Club, City Island, Westchester Square & Zerega, Morris Park, Pelham Parkway, and Allerton in The Bronx.  and Joel Rivera--as well as State Senator Noun 1. state senator - a member of a state senate
senator - a member of a senate
 Jeff Klein--played helpful roles in the creation of White Plains Courtyard. In addition, Assemblywoman Naomi Rivera Naomi Rivera represents District 80 in the New York State Assembly, which encompasses Morris Park, Van Cortlandt Village, Pelham Gardens and Norwood, among other communities located in The Bronx. , State Sen. Ruben Diaz and the state's Department of Environmental Conservation lent their support to the initiative.

White Plains Courtyard is a seven-story, 120,000 s/fdevelopment that includes 16,500 s/f of ground-floor retail space. The formerly contaminated contaminated,
v 1. made radioactive by the addition of small quantities of radioactive material.
2. made contaminated by adding infective or radiographic materials.
3. an infective surface or object.
 site had been occupied by a shuttered gas station. The $27 million development includes a rooftop terrace above the commercial space, which serves as a common area for residents. On Jan. 16, the developer filed a formal "notice of completion" of site cleanup with the New York State Department of Environmental Conservation (DEC).

"I'm pleased of be part of this project because The Arker Companies has done a great job building affordable housing of high quality in The Bronx," said Borough President Carrion. "White Plains Courtyard shows that it's possible for a developer to build housing in a profitable way while taking the environment into account. The Arker Companies has achieved this by changing a contaminated area into one of New York State's 'top of the class' cleanup sites."

The development received tax credits through the city's Department of Housing Preservation and Development, tax-exempt bonds through New York City Housing Development Corporation, and financial and technical support through the state DEC. "Under the leadership of Mayor Michael R. Bloomberg, the city's housing agencies were instrumental in making White Plains Courtyard a reality," said Arker. "We are pleased to play a part in helping the Mayor's New Housing Marketplace Plan achieve its goal of creating and preserving affordable homes and apartments."
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Title Annotation:PROFILE IN CONSTRUCTION & DESIGN
Publication:Real Estate Weekly
Date:May 14, 2008
Words:559
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