Situated on an island in the Raquette River, Fall Island Park is a diamond-in-the-rough. Fall Island Park is used by local skateboarders and picnickers. The local Lions Club maintains a memorial grove in the park. Acquired in 1978, the park has a functional gravel canoe beach and a handicap accessible fishing pier.
Fall Island Park is physically connected to the west bank of the Raquette River by the "West Dam". The Village is in the process of constructing a new low head hydroelectric generating acility on the west bank of the river at the site of Potsdam's first water powered mill constructed n the early 1800's. The hydro facility will generate electricity that the Village will sell on the state's power grid to generate revenues as an offset to Village expenditures. Of interest to paddlers, the Village has a canoe portage trail that eliminates the last man-made barrier to navigation on the 174 mile long Raquette River.