Search Results for: Industry City

EDC Submits Willets Point Redevelopment Plan

City seeks to create a Special Willets Point District; local businesses file lawsuit. On April 21, 2008, the New York City Economic Development Corporation and the New York City Department of Housing Preservation and Development began public consideration for their proposal to rezone a 61-acre area in Willets Point.

The area, roughly bounded by the Van Wyck Expressway, Roosevelt Avenue, 126th Street, and Northern Boulevard, is known as the “Iron Triangle” for its predominantly industrial … <Read More>

Testimony heard on Special Hunts Point District

 

Hunts Point proposed rezoning. Image: Courtesy of NYC Department of City Planning.

Borough President testified against the rezoning because of as-of-right hotel use and “big box” retail provisions. On April 9, 2008, the City Planning Commission held a public hearing on the Department of City Planning’s proposal to rezone a 75- block area in the Hunts Point section of the South Bronx. The proposed rezoning would establish the Special Hunts Point District, bounded by … <Read More>

BSA hears appeal on Trump SoHo project

Community group’s appeal seeks to halt construction of the 42story condo-hotel. On February 27, 2008, BSA heard testimony regarding the Department of Buildings’ approval for the Trump SoHo condominium hotel under construction at 246 Spring Street. The SoHo Alliance Community Group appealed, arguing that the condominium hotel contravenes the manufacturing zoning district’s prohibition against residential development.

Buildings approved the plans for the Trump Soho on September 28, 2007 with the condition that the developers file … <Read More>

Special Hunts Point District plan starts public review

Plan strives to encourage growth in food service industry. On January 7, 2008, the Planning Commission launched public consideration for the Department of City Planning’s proposal to rezone portions of the Hunts Point peninsula. The proposal is now with Bronx Community Board 2 for its review.

City Planning seeks to downzone 70 blocks of industrial land to M1-2 for light manufacturing. The area surrounds a 22-acre residential district and is roughly bounded by Bruckner Boulevard, … <Read More>

Kaufman Studios’ mixed-use development OK’d

Development will provide housing for studio employees, actors and other film industry personnel. On January 9, 2008, the City Council voted to approve an application to rezone an eight-lot, former manufacturing area, and build a three-lot, mixed-use development in Western Queens.

The development, proposed by Kaufman Astoria Studios and Damroc Realty, will be located on 35th Avenue between 34th and 35th Streets, and consist of two sevenstory residential buildings with 60 residential units, 62 parking … <Read More>

IDA approves up to $105 million in public benefits

The Diamond District and the Tennis Center are among the beneficiaries. On November 13, 2007 the New York City Industrial Development Agency voted to provide over $105 million in financial assistance to four entities.

IDA awarded up to $51 million in tax benefits to Extell Diamond Tower LLC, an affiliate of Extell Development Company, which will build an integrated diamond and jewelry industry facility in Manhattan’s Diamond District. IDA will extend a mortgage recording … <Read More>