The law will help provide more opportunities for small businesses to remain in the City. On February 23, 2020, Introduction 1408-B was enacted into Local Law 35 of 2020. Introduction 1408-B requires developers to set aside affordable retail space for non-chain retailers within large City-funded affordable housing developments. The requirement will apply to certain affordable housing developments of at least 750,000 square feet that receive $15 million or more in City funds. The law, sponsored … <Read More>
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Development plan for 5.5- acre Flushing site approved
Municipal parking lot would be replaced with multi-building development offering market-rate and affordable housing and 1.5 acres of open space. On June 23, 2010, the City Planning Commission approved two separate but related proposals that would facilitate the redevelopment of a 5.5-acre, 1,101-space municipal parking lot bounded by 37th and 39th Avenues and Union and 138th Streets in downtown Flushing, Queens. The Commission approved the City Economic Development Corporation, Rockefeller Group Development Corporation, and TDC … <Read More>