EDC reissued request for development proposals after community opposed first plan. On October 18, 2006, the New York City Economic Development Corporation reissued a request for proposals for a six-acre lot in East Harlem bounded by East 125th and 127th Streets and Third and Second Avenues after the community opposed the original winning plan.
The six-acre proposed site currently contains an MTA bus storage facility, which the selected developer must move underground, as well as local businesses. The City owns 81 percent of the project site and the EDC is working on the acquisition of the remaining lots through purchases or condemnation. City Planning is currently working on its East 125th Street/River-to-River study, a planning effort aimed at generating a development framework for the entire span of 125th Street between the Harlem and Hudson Rivers. (more…)