Proposed local law would impose wage mandates on certain businesses receiving City economic development incentives. On May 12, 2011, the City Council’s Contracts Committee held a hearing on the proposed Fair Wages for New Yorkers Act. The proposal, Intro 251-A, would require employers connected to a development project receiving at least $100,000 in financial assistance from the City to pay employees a mandated “living wage” that would be linked to a … <Read More>
Sites for applied sciences academic campus include Brooklyn Navy Yard, Roosevelt Island, Governors Island, and Staten Island. The City’s Economic Development Corporation issued a request for expressions of interest from universities, applied sciences organizations, or related institutions regarding the development and operation of a new applied sciences research facility and academic campus in the City. According to EDC, the City is interested in a facility specializing in applied engineering, but it could provide additional programs … <Read More>
Commission approved 34-acre transfer to the Brooklyn Navy Yard Development Corporation. The Department of Small Business Services and DCAS proposed to acquire and transfer an additional 34 acres to the Brooklyn Navy Yard Development Corporation to be added to the 262-acre area currently under its management. A majority of the area to be transferred, 28 acres, contains the former U.S. Navy’s Hospital Annex. The remaining six acres, currently owned by the U.S. National Guard, contain … <Read More>