IDA also approves tax -exempt bonds for 2 health care entities and 1 private school. On October 9, 2007, the New York City Industrial Development Agency voted to provide financial assistance to four entities.
IDA awarded the Bronx Parking Development Company $225 million in tax-exempt bonds to finance the design, construction, and renovation of three new parking garages, two existing garages and six surface lots that would serve the new Yankee Stadium. According to IDA, … <Read More>
Spa obtained special permit despite Council member objection over use. On July 18, 2006, BSA granted a special permit to Spa World, allowing a 49,634-square-foot, three-story spa at 11-11 131st Street in College Point, Queens. The project site’s 30,124-square-foot lot was formerly vacant and is located in a manufacturing district that contains several residential and commercial uses. The three-story facility will provide sauna, skin, and massage treatments on the first floor; hot tubs, hot pools, … <Read More>
Twelve-story facility will house 263 former homeless and provide on-site supportive services. On June 29, 2006, HPD and Common Ground, a not-for-profit that provides housing services for the homeless, obtained City Council approval for a 12-story housing facility to be located on East Houston at Pitt Street in Manhattan’s Lower East Side. The site … <Read More>
Facility to provide housing for low-income mentally ill. City Council approved the Planning Commission’s resolution adopted on September 8, 2004, allowing the construction of a six-story building with 50 units for low-income persons with mental illnesses. The Council’s action authorized the designation of an Urban Development Action Area and the transfer of six properties of City-owned land.
The project site, which is to be developed under the New York State office of Mental Health, is … <Read More>