EDC to play key role in East River redevelopment

City takes needed steps to implement plan for two-mile esplanade along the East River from Battery Park to the Williamsburg Bridge. Image: NYC EDC.

Plan covers East River waterfront from the Battery to the Lower East Side. The Planning Commission approved two linked applications that will implement an East River Waterfront Concept Plan that was developed in 2005 though a planning effort that included 70 public meetings and intensive input from the community. The plan … <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>


EDC lease of Hunts Point Space to Baldor approved

Competitor challenged procedures in EDC’s selection of Baldor for South Bronx lease. The New York City Economic Development Corporation issued a request for proposals for a long-term lease of two parcels across the street from the City Terminal Market at Hunts Point in the Bronx. Baldor Specialty Foods and the Hunts Point Terminal Produce Cooperative Association, among others, submitted proposals. EDC chose Baldor after deciding that it had submitted the most competitive lease package. Baldor, … <Read More>


City Announces Investment of New Skate Parks for City’s Youth

On April 30, 2024, Mayor Eric Adams and New York City Department of Parks and Recreation (NYC Parks) Commissioner Sue Donoghue announced a partnership with The Skatepark Project and an investment of $24.8 million in skate parks in Brooklyn and the Bronx. The Skatepark Project is a nonprofit organization with a goal of providing safe and inclusive public skateparks for the youth and the City’s partnership with them will be in furtherance of Mayor Adams’ … <Read More>



HPD Announces Bergen Green Affordable Housing Project in Latest 24 in 24 Push

On January 31, 2024, the New York City Department of Housing Preservation and Development (HPD) announced that Apex Building Group and Bridge Street Development Corporation will be building 116 homes for low-income families at 516 Bergen Street in Prospect Heights, Brooklyn. The announcement comes in light of Mayor Adams’ push for affordable housing advancements on publicly owned land. Mayor Adam’s 24 in 24 plan is seeking to create or preserve around 12,000 units of housing <Read More>