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    Search results for "Industry City, Brooklyn"

    Industry City Developers Pull Application After Opposition from Elected Officials

    City Council  •  Industry City Rezoning  •  Industry City, Brooklyn

    Council Member Carlos Menchaca speaks in opposition to the Industry City application at the Subcommittee hearing on September 15, 2020. Image Credit: NY City Council

    Many elected officials questioned whether the developers could follow through on promises of job creation. On September 22, 2020, the developers of the proposed Industry City Rezoning pulled their application after receiving opposition from many elected officials and community members. Industry City is a 5.3 million square foot mixed-use complex with commercial, manufacturing, and community uses in Sunset Park, Brooklyn. The complex is located in an area bounded by 32nd Street to the north, 41st Street to the south, Third Avenue to the east, and the Brooklyn Waterfront to the west. The application called for four land use actions to allow for the addition of several buildings, lifted restrictions on the types of retail and other uses allowed. For CityLand’s prior coverage of the Industry City project, click here. (more…)

    Tags : application withdrawn, City Council, City Council Subcommittee on Zoning and Franchises, Industry City, Rezoning
    Date: 09/28/2020
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    Appellate Division Provides Major Win for Two Bridges Developers

    Court Decisions  •  Land Use Law  •  Lower East Side, Manhattan

    Development Rendering Image Credit: City Planning

    Two Bridges development gets Appellate Division ruling but two lawsuits remain pending. On August 27, 2020, the First Department’s Appellate Division unanimously ruled in favor of a Lower East Side development that would consist of four towers, 11,000 square feet of retail, and over 2,700 residential units. Of the 2,700 residential units, approximately 700 units will be dedicated to affordable housing and 200 units will be set aside for senior housing. The project’s development group includes JDS Development Group, L+M Development Partners, CIM Group, and Starrett Development. The development’s challengers are the New York City Council and Manhattan Borough President Gale Brewer.

    (more…)

    Tags : City Council, commercial real estate, housing, Land Use, Manhattan Borough President Gale Brewer, Real Estate Development, Two Bridges Development
    Date: 09/14/2020
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