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Con Ed Axes Astoria Fed Ex Deal

Sorry, Fed Ex, Astoria residents may want your deliveries but they don't want your damned distribution center. Con Ed has scrapped plans to sell 21 acres of Astoria waterfront land to Fed Ex for a huge distribution center. This happened not because the utility had a change of heart because locals hated the idea, but because the state Public Service Commission (which would approve the sale) said there should be a public auction or competitive bidding. The utility was going to sell the land to a Long Island developer for $50 million, give or take. Residents were pissed because of all the truck traffic it would have caused. [NYDN]