City Planning Commissioners voice concern over approving too many IBIAs before knowing the impacts that such projects will have on the area. On February 27, 2019, the City Planning Commission voted to approved another Industrial Business Incentive Area (IBIA) within the Greenpoint/Williamsburg Industrial Business Zone (IBZ) of Brooklyn. This project will be the third of its kind, with 25 Kent Avenue as the first, and 12 Franklin Street as the second. This application expands the … <Read More>
Industrial Business Incentive Area
City Planning Approves Second-of-its-Kind Industrial Business Incentive Area Project
The project will provide much needed office space while preserving industrial space that is characteristic of the Greenpoint/Williamsburg area. On December 5, 2018, the City Planning Commission held a public hearing on a proposed mixed-use development at 12 Franklin Street in Greenpoint, Brooklyn, located within the Greenpoint/Williamsburg Industrial Business Zone. The applicant is proposing to build a seven story, approximately 134,222 square foot building that will contain a mix of light industrial, office, and retail … <Read More>