Work to transform vacant Pfizer property into industrial park continues


ROUSES POINT — The real estate group working to resurrect acres of deserted Pfizer property here is gaining ground.

ERS-Rouses Point LLC, a subset of NYC-based ERS Investors, acquired 80 acres from the pharmaceutical giant in 2018 and its efforts to construct the Northern Gateway Industrial Park there have received support from the Village of Rouses Point, the North Country Chamber of Commerce and, most recently, the County of Clinton Industrial Development Agency (CCIDA) by way of an approved tax abatement agreement.

“When we bought the property, every structure was slated to be torn down,” ERS-RP Partner David Kreutz said, noting that Pfizer later allowed a few structures to remain standing, before adding, “but the interior of all three had been pretty torn up during the remediation process.

“Everything needs to be put back together internally to attract first-class tenants to the village.”

Press Republican

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