Parkway Village Asbestos Problems - Update!
Back in May, we talked about the problems with asbestos over at Parkway Village in Kew Gardens. 9 violations were found and OSHA levied fines of $117,000. Today we heard from a resident/shareholder there, which updates the situation with good news:
There is no exposed asbestos, and tenants are at no risk of exposure.
The residents and shareholders are just as confounded over this issue as anyone.
Any building over a few decades old is going to have underground pipes insulated with asbestos, so Parkway is not unusual in this regard.
I know it can be confusing with coops, boards, management companies, and other entities, but it was the management company (which has since been let go) that was supervising the work. So just saying that Parkway Village [as reported by the Times Ledger] was responsible does not give a clear picture.
The fines are currently under litigation because it is the new management company’s position that the old management company should pay the fine since it was they, not the shareholders of Parkway, who were supervising the work.
There are 675 units in the coop. Of course the number of shares each tenant owns differs based on the size of each apartment, but still, the fine averages out to less than $200 per apartment (assuming that the fine even stands).
Thanks so much to our tipster for this update. Additionally, one of the 1 bedroom units is up for sale for the cool price of $159,900, and there’s an open house this Sunday, from 1-4pm. I think this is a great deal and worth inquiring about.
Related:
Asbestos Violations in Kew Gardens [previously on OuterB]

Our readers have responded strongly to an earlier post,
Bad news over at Parkway Village in Kew Gardens - there have been some serious asbestos violations (9 in all), and consequently OSHA has fined the complex $117,000. As well they should - being careless with asbestos can lead to serious health problems and it is very unsafe. Last November both the FBI and the EPA came to investigate potential asbestos dumping at Parkway Village, and with regard to the asbestos remediation:

