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>


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>