Last week I posted on this blog that the DEC (Dept. of Conservation) has essentially issued an ultimatum to the owner of the Lake Joseph Dam to fix it or face a breach of the dam and loss of the lake. That article in the Times Herald Record seemed to get all parties into high gear, after years of foot dragging. Some Lake Joseph homeowners called me personally to talk about the situation. Phil Barry, the owner of the dam, contacted the homeowners (and the DEC) to assure them he’s working on a plan to fix the dam. Today, the Record reported that the DEC has said that the dam is "not an imminent threat". (Click here to read the article.) All in all, it seems as though all parties are proceeding to a solution and it seems the situation is much less dire than a week ago. But any buyer considering a purchase on Lake Joseph needs to continue to monitor the progress.