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RemGrit buildings set to be demolished
April 2, 2012
7:04 AM
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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.
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