The largely vacant Central Park Plaza has a new owner. Strickler Development Group LLC purchased the 29-acre property today for $800,000.
According to WBFO
, the new owner is an affiliate of Ciminelli Companies. Redevelopment for commercial use, with possibly a residential component, is likely. According to the Help Revitalize Central Park Plaza Facebook page, a press conference is scheduled for next week to detail plans for the property.
The new owner is already working with the NYS Department of Environmental Conservation on a cleanup plan for the brownfield site. From 1877 to 1948, the Buffalo Cement Co. operated the site for mining. In 1958 the site was developed by Central Park Shopping Center, Inc. In addition to retail stores, other businesses such as auto repair, photographic processing, and dry cleaning also occupied the plaza.
The property has been a neighborhood nuisance for many years. Located at 129 Holden Street, Central Park Plaza was once a thriving property with many commercial tenants, but as a result of the failure of its owners to maintain the site, the tenants left and it has become blighted.
With no proper security, criminals routinely break into and vandalize the buildings at Central Park Plaza. Making matters worse, the unsecured buildings attract neighborhood children who are able to enter the buildings at an imminent risk to their safety.
In November, Attorney General Eric T. Schneiderman announced a settlemen
t ordering Samuel Kurz and Central Park Plaza, LLC, the Brooklyn-based owners of the plaza, to clean up the property and sell it.