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 Admirals Row, eleven former officer’s homes that were constructed between 1 864-190l.

At the Commission’s public hearing, David Lowin, Vice President of the Brooklyn Navy Yard Development Corporation, estimated that 99 percent of the current area under its management is fully leased for light industrial and commercial uses, adding over 4,500 jobs to the New York City area. Although specific plans for the added 34 acres have not been finalized, Lowin explained that its use would be limited to light industrial. (read more…)