Pull plug on Con Ed river site, pol says
BY JANE H. FURSE
DAILY NEWS WRITER
Con Edison should sell off its pricey waterfront property that's used mainly as a parking lot before jacking up rates even higher, a city councilman said Sunday.
The 11 acres of Con Ed land along the East River in Queens offer eye-popping views of Manhattan and is valued at about $500 million, according to City Councilman Eric Gioia, a Queens Democrat.
"They're a bloated monopoly," Gioia said, that is "fleecing its ratepayers."
The bulk of the Long Island City property is used as a parking lot for the Con Ed Learning Center, a training and office building on Vernon Blvd.
"Con Ed should start by selling off some of the most expensive land in the city, saving its company property taxes, and not continuing to balance its budget on the backs of hardworking New Yorkers," Gioia said.
Last month, Con Ed customers were sacked with a 4.7% monthly increase.
Six weeks later, Con Ed asked the Public Service Commission to okay one of two plans for even higher rates.
Con Ed spokesman Michael Clendenin said the waterfront property contains an "essential facility that we use to train our men and women."