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Alembic Community Development Co.

Locals Split Over Proposed $70M Project In Area Locals Split Over Proposed $70M Project In Area
Locals Split Over Proposed $70M Project In Area Newburgh is considering a plan to build a $70 million waterfront development project, which would be the city's largest in decades.  The mixed-use plan along the Hudson River includes dozens of apartments, affordable housing units as well as commercial space, according to Alembic Community Development Co. Project Manager Karuna Mehta presented the multi-million dollar to the Newburgh City Council last week. "An innovative community use for the building something that'll help the residents of Newburgh, but also something that will attract attention to the Hudson Valley," Mehta sai…