Avatar

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —





 

— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_TopicIcon
RemGrit buildings set to be demolished
April 2, 2012
7:04 AM
Avatar
Member
Forum Posts: 5298
Member Since:
August 29, 2005
sp_UserOfflineSmall Offline

Demolition will begin soon on another piece of Remington Arms Co. history in the city of Bridgeport, CT.

Six low-level buildings in the complex now known as RemGrit, are in the process of being remediated and prepared for demolition. Taking down the larger factory buildings along the property's periphery, on the other hand, may be years away.

Demolition of the interior buildings was ordered by the U.S. Bankruptcy Court in Bridgeport one year ago in response to the city's foreclosure action against the property, which was halted when RemGrit filed for bankruptcy.

Sal DiNardo, majority shareholder of RemGrit and owner of Peter DiNardo Enterprises on North Avenue, said estimates of the demolition and abatement place the cost at nearly $20 million. In addition, the tax bill on the property is roughly $12 million, most of which is accrued interest.
Forum Timezone: America/New_York

Most Users Ever Online: 429

Currently Online:
112 Guest(s)

Currently Browsing this Page:
1 Guest(s)

Top Posters:

James: 5298

demobud: 817

Robert Kulinski: 573

1Pyro: 548

autoparter: 534

Member Stats:

Guest Posters: 54

Members: 3042

Moderators: 0

Admins: 2

Forum Stats:

Groups: 4

Forums: 17

Topics: 20032

Posts: 28266

Administrators: JOHN: 7602, John: 7030

Skip to toolbar