Cortlandt completes $2.75 million land purchase from ConEd

By Aleesia Forni

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The town of Cortlandt completed the $2.75 million purchase of 100 acres of land in the hamlet of Verplanck from Consolidated Edison Inc.

The Town Board unanimously voted more than a year ago to buy the property.

Rakow Commercial Realty Group, Inc. agent, Paul Moulins, handled the sale of the property. Moulins said the process took around two years to complete, and the town competed with a number of other parties via a sealed bid.

 

Sitting adjacent to the Hudson River, the land hosts a sports field, a small beach area and a body of water.

The board is considering a number of options for the property’s future use, according to Town Supervisor Linda Puglisi, including additional sports fields, a trail path, a dog park, enhancing the beach area along the river and consolidating the town’s Department of Environmental Services operations to the northern corner of the property.

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About the author

Aleesia Forni
Aleesia Forni covers transportation, tourism, nonprofits and residential real estate for the Westchester County Business Journal. She previously worked as a financial reporter for the online newsletter Prospect News. She started with the Westchester County Business Journal in April 2016.

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