EDC seeks developer for Bush Terminal Complex site

Waterfront site is occupied by three buildings that EDC will demolish prior to execution of ground lease. On November 1, 2010, the City’s Economic Development Corporation issued a request for proposals seeking developers to lease and redevelop a 130,000 sq.ft. portion of the Bush Terminal Complex along the Gowanus Bay in Sunset Park, Brooklyn. The redevelopment site is generally bounded by 44th and 47th Streets to the north and south and is adjacent to … <Read More>


Related Companies to redevelop Kingsbridge Armory

Historic armory to become retail center, complete with movie theaters and restaurants. On April 21, 2008, the City selected Related Companies to convert the Kingsbridge Armory, a City landmark located on the corner of 195th Street and Jerome Avenue in the Bronx, into a $310 million shopping center. The center will include a large department store, up to 35 smaller shops, a movie theater, and restaurants.

The Armory features two battlement towers, Romanesque arches, and … <Read More>


Bellevue Psychiatric Hospital to become hotel

Proceeds would help support the operations of the New York City Health and Hospitals Corporation. The New York City Economic Development Corporation is seeking proposals to develop and operate a hotel and conference center at the former Bellevue Psychiatric Building, located at 492 First Avenue between East 29th and East 30th Streets. The winning developer would enter into a 49-year lease agreement with the City with two 25-year renewal options. Currently, the building serves as … <Read More>


Stillwell Avenue waterfront lots for sale

EDC seeks a commercial building, parking and shuttle service to amusement area. The New York City Economic Development Corporation is seeking proposals for a developer to purchase and develop commercial space, with accessory public parking, on a 48,600-square-foot site on Stillwell Avenue in Coney Island.

The site is located three blocks north of the Stillwell Avenue subway station and immediately south of the Belt Parkway, within the Coney Island Creek Urban Renewal Area. It is … <Read More>


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>