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>
Mayor’s Office agrees to create community committees to find new users. On April 9, 2007, the Planning Commission approved four applications by DCAS to sell four closed firehouses in Manhattan, Brooklyn and Queens. The plan sparked controversy with residents, community boards, Borough Presidents Scott Stringer and Marty Markowitz, and Council Members Bill de Blasio and David Yassky, who argued that their districts needed increased FDNY services and, if the firehouses remained closed, only a community … <Read More>
Court rejected City’s lower valuation. As part of its plan to develop a waterfront park, the City in 1996 condemned waterfront property in College Point, Queens owned by Malba Cove Properties, Inc. A majority of Malba’s property is underwater and the remainder is constrained by several mapped, but unbuilt streets.
At the trial to determine the property’s value, the City submitted an appraisal estimating the total value at $890,000. Malba’s appraisal found it to be … <Read More>
Site for the Flight 587 Memorial Park to be located 15 blocks from crash site. The Department of Transportation and Department of Parks and Recreation applied for a map amendment to establish a Memorial Park honoring the 265 victims who died when flight 587 crashed in Rockaway in November 2001. The site consists of .16 acres between Beach 116th Street’s southern turnaround and Ocean Promenade.
The map amendment would eliminate portions of Beach 116th Street … <Read More>
On September 26, 2023, Mayor Eric Adams and Parks Commissioner Sue Donoghue announced that the U.S. Department of Agriculture Forest Service awarded $15 million to the City to plant and maintain the City’s trees.
This past weekend, City beaches opened for swimming for the summer. From May 27 to September 10, 2023, swimming is permitted when lifeguards are on duty from 10 AM to 6 PM, and prohibited when lifeguards are off duty. All beaches are free and open to the public.