Property Value

Question / Comment: Response:
bulletIt’s going to decrease the property values and impede residential development in the neighborhood.
bulletTGE intends to demonstrate that the plant will be an improvement to the site.  We believe there will be no detrimental effect on property values.  The Bayside Fuel Oil facility creates truck traffic, noise and ground level air pollution.  TGE’s facility will not be a noise nuisance, will have an insignificant effect on ground level air concentrators and will eliminate the Bayside Fuel Oil facility traffic.  Moreover, TGE will clean up a contaminated site.  All major power plants in NYC are on the waterfront.,  Many, if not all, are surrounded by buildings with what appear to be stable property values.
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