Economic Development Corporation

EDC seeks developers for former Navy Homeport

Sites include residential developments, farmers’ market, sports complex and hotel. The New York City Economic Development Corporation issued three requests for proposals seeking developers for projects on Staten Island’s northeastern shore.

The sites are located along Front Street in Homeport, the former U.S. Navy facility in the Stapleton section of Staten Island.

The three new RFPs are part of the first phase of development under the New Stapleton Waterfront Development Plan. 3 CityLand 149 (Nov. … <Read More>

Deputy Mayor seeks $11.2M in state funds

Projects intended to spur development in Harlem and Jamaica. On September 21, 2007, the Office of the Deputy Mayor for Economic Development held a hearing in the New York City Economic Development Corporation’s offices to receive public comment on the City’s plan to seek State funds for two redevelopment projects in Harlem and Jamaica. The City hopes to secure State funding under the Restore New York’s Communities Initiative, a State initiative created last year to … <Read More>

EDC seeks developers for Jamaica rezoning district

Site will be one of first parcels developed after major rezoning. The New York City Economic Development Corporation issued a request for proposals seeking a developer to purchase a 45,000-square-foot City-owned site in downtown Jamaica and develop it into a mixed-use building with retail space, housing, and parking. A two-story parking garage partially used by the NYPD currently occupies the site, which is part of the Special Downtown Jamaica District from Jamaica Avenue to 93rd … <Read More>

Former FDNY firehouses offered for redevelopment

Proposal lists a $1 purchase price for Williamsburg firehouse. The New York City Economic Development Corporation issued requests for proposals for the two former Brooklyn FDNY firehouses that spurred controversy when DCAS proposed to sell the buildings at public auction. Opposition by local community boards and Borough President Marty Markowitz to the outright sale resulted in a compromise under which the City Council voted to limit future users to community facility providers and to prohibit … <Read More>

City issues RFEI on congestion pricing

Information will assist State evaluation of proposal. The New York City Economic Development Corporation, the Department of Transportation and the Department of Information Technology and Telecommunications issued a request for expressions of interest to solicit innovative ideas to design, implement, operate and maintain the City’s congestion pricing plan.

Under the proposed congestion pricing plan, the City will charge vehicles entering or leaving Manhattan below 86th Street during the business day, as a way to alleviate … <Read More>

IDA’s June Calendar

$85 million in bond offerings on the calendar for IDA’s June public hearing. The New York City Industrial Development Agency, a component of the Economic Development Corporation, held its monthly public hearing on June 7, 2007. Eighteen projects were on the notice of public hearing, including bond offerings totaling $85 million and seven straight-leases.

Among the 18 projects on the calendar was a straight-lease to News America Publishing Inc., a wholly owned subsidiary of Rupert … <Read More>