Search Results for: Request for Proposals

Loew’s Kings Theatre to get makeover

Former Loew’s Kings Theatre. Photo: Jonathan Reingold.

Request for Proposals seeks tenant for 80-year-old building in need of $70M in repairs. The New York City Economic Development Corporation is seeking proposals for a developer to lease, rehabilitate, and reuse the former Loew’s Kings Theatre at 1025 Flatbush Avenue in Brooklyn.

The vacant building, located between Beverly Road and Tilden Avenue, opened in 1929 as Loew’s flagship theater. The designers of the 3,195-seat, French Renaissance-style building … <Read More>

Former FDNY firehouse offered for redevelopment

The former East 125th Street firehouse, located between Lexington and Park Avenues. Photo: Jonathan Reingold.

Proposal lists a $1 purchase price for Harlem firehouse. The New York City Economic Development Corporation and the Department of Housing Preservation and Development are jointly seeking proposals to purchase and redevelop the former East 125th Street Firehouse as a community or cultural facility.

The Romanesque Revival-style firehouse, located between Park and Lexington Avenues, dates back to the late 19th … <Read More>

40-story tower to be built above Midtown Bus Terminal

Port Authority leased air rights for $500 million to fund major improvements. On November 30, 2007, the Port Authority announced an agreement to facilitate construction of a 40-story, 1.3 million-square-foot office tower above the north wing of the 42nd Street Bus Terminal. Under the agreement, the Port Authority would lease the air rights over the area to 20X Square Associates, a joint venture between Vornado Realty and Ruben Companies. The agency will also share in … <Read More>

Contentious testimony on EDC’s Willets Point Plan

Concerns over eminent domain dominate hearing. On November 29, 2007, the City Council’s committees on Land Use and Economic Development held their second oversight hearing on New York City Economic Development Corporation’s proposal to redevelop 61 acres of Willets Point in Queens. The site, located directly east of Shea Stadium, largely consists of a range of auto-related, light industrial and manufacturing private businesses. EDC seeks to acquire the entire area and create an urban renewal … <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>