Waterfront site is occupied by three buildings that EDC will demolish prior to execution of ground lease. On November 1, 2010, the City’s Economic Development Corporation issued a request for proposals seeking developers to lease and redevelop a 130,000 sq.ft. portion of the Bush Terminal Complex along the Gowanus Bay in Sunset Park, Brooklyn. The redevelopment site is generally bounded by 44th and 47th Streets to the north and south and is adjacent to … <Read More>
Search Results for: Request for Proposals
Leslie Koch Discusses the Future of Governors Island
Leslie Koch, president of The Trust for Governors Island, is responsible for the planning, redevelopment, and operation of 150 acres of Governors Island. Located 800 yards off the southern tip of Manhattan, the island is the newest addition to New York City’s real estate portfolio.
Koch, a native New Yorker, draws from her experience in both the private and public sectors in managing the island. After receiving a master’s degree in Public and Private Management … <Read More>
Christopher Albanese on Building Green in the Big Apple
Christopher V. Albanese is Executive Vice President of the Albanese Organization, a nearly 60-year-old real estate development and management firm founded by his father and uncle, now known for its innovative environment-friendly developments.
Albanese grew up in Queens and attended Cornell University where he majored in Economics. Following a stint at Coldwell Banker after college, he joined the family business in 1987. After three years, he left to pursue his law degree at St. John’s … <Read More>
Related Companies to redevelop Kingsbridge Armory
Historic armory to become retail center, complete with movie theaters and restaurants. On April 21, 2008, the City selected Related Companies to convert the Kingsbridge Armory, a City landmark located on the corner of 195th Street and Jerome Avenue in the Bronx, into a $310 million shopping center. The center will include a large department store, up to 35 smaller shops, a movie theater, and restaurants.
The Armory features two battlement towers, Romanesque arches, and … <Read More>
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>