From the Daily News:
A developer approved to build controversial housing along the Gowanus Canal says it will likely abandon the project if the feds designate the polluted waterway a Superfund site.
The Environmental Protection Agency announced a proposal Wednesday to give the canal Superfund designation, which would launch a lengthy federal investigation and cleanup effort.
"I don't think we would go forward with the development if they were to designate this as a Superfund site," said David Von Spreckelsen, a vice president at Toll Brothers, which got city approval last month to build 460 condos and townhouses.
"This is a real extreme measure to be taken. It's really not that dirty."