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Sunday, May 21, 2006

Spring Valley, NY - Demolition Set To Begin This Summer Throughout The Village's Downtown

Spring Valley, NY - Alan Gestetner, president of Monsey-based Cole Development Corp., plans to start demolition in the summer for a three-story structure with 62 townhouses and a community center at North Main Street and Maple Avenue, and in about 1 1/2 years, to be completed.

The village board, which approved the $15 million housing development as part of its overall urban renewal effort, agreed last week to transfer a former bathhouse on Maple Avenue to Cole to be demolished, Mayor George Darden said. The board approved the measure by a 3-1 vote, with Trustee Bettie Brown voting no.

The four-bedroom townhouses are expected to cost $300,000 to $350,000 each. The proposal also includes a 7,000-square-foot commercial component and feature two horseshoe-shaped buildings facing Memorial Park. The entrance would be on Lawler Boulevard.

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