Lycée Français and DoubleClick on IDA’s July Calendar

July public hearing notice lists $143 million in bond offerings and six straight leases. The New York City Industrial Development Agency, a component of the Economic Development Agency, held its monthly public hearing on July 19, 2007. The 14 project applications detailed in IDA’s public notice included over $143 million in bond offering and six straight leases.

The largest bond application on the July calendar was made by the Lycée Français de New York, an … <Read More>

Developers chosen for warehouse conversion

Former Navy warehouse to be retail/light manufacturing. EDC chose a joint venture comprised of Time Equities Inc. and the Brooklyn Economic Development Corporation to convert a 1.1-millionsquare- foot former Navy warehouse between Second and Third Avenues and 30th and 32nd Streets in Sunset Park, Brooklyn. The details released by EDC state that under the conversion plan, the eight-story building would contain retail on its lower floors with light industrial uses above at a total development … <Read More>

Sites adjacent to Brooklyn jail offered for development


Proposed EDC and DOC plan encompassing former jail. Image: NYC EDC.

Developers must expand Brooklyn jail along with new development on adjacent sites. The New York City Economic Development Corporation and the Department of Correction issued a request to gauge interest in the potential development of two vacant parcels in downtown Brooklyn located next to the Brooklyn House of Detention, a 759-individual- cell detention center, which the City closed in 2003. DOC hopes to … <Read More>

RFP issued for parking adjacent to BAM

Parking is part of plan for BAM cultural district. The New York City Economic Development Corporation issued a request for proposals seeking developers to construct and operate an underground garage to be located beneath a newly constructed street-level public plaza on the 32,000-square-foot site located across Ashland Place from the Brooklyn Academy of Music. The triangular-shaped downtown Brooklyn lot, bound by Lafayette Avenue, Flatbush Avenue and Ashland Place, is currently used for street-level parking.

As … <Read More>

EDC seeks developers to renovate Bush terminal

EDC to accept development proposals for this underused Brooklyn waterfront site. Photo: The New York City Economic Development Corporation.

Proposals due May 21, 2007. The New York City Economic Development Corporation issued a request for proposals on March 26, 2007 seeking developers to purchase and redevelop 130,000 sq.ft. of the Bush Terminal complex, located in Sunset Park, Brooklyn. The site, bound by 43rd and 47th Streets on the north and south and the 51st Street … <Read More>

Development of Staten Island Farm Colony offered

EDC seeks proposals for a post-secondary school to occupy 98-acre site containing designated buildings. On February 28, 2007, the New York City Economic Development Corporation issued a request for proposals for a site formerly used as the City’s Farm Colony.

Starting in the 1850s, the City provided housing to indigent New Yorkers in exchange for their labor on the Farm Colony. The facility expanded several times, but by the 1940s its use began to decline. … <Read More>