Is there real reason to celebrate passing of the recent 20th Anniversary for creation of the New York City Economic Development Corporation? New York City prospered and successfully grew prior to creation of the NYC Economic Development Corporation and it’s predecessor, the NYC Public Development Corporation. In many instances, projects supported by these government corporations have been heavily subsidized by taxpayers, […]
Seth Pinsky is the Executive Vice President and Investment Manager of RXR Realty’s Metropolitan Emerging Market Strategy. Pinsky talked with Real Estate Editor Liam La Guerre about RXR’s interest in Queens.
At the end of the day Gov. Andrew Cuomo’s creation of a Transportation Reinvestment Commission to develop a 100 year blue print to plan for the future of public transportation will not be worth the paper any final report is printed on. It will however like many previous planning studies or commissions, generate him some […]
Governor Andrew Cuomo and other public officials recently embraced a potential $1 billion investment for transportation improvements in the Bronx that could have long term impacts for residents of Great Neck, Little Neck, Douglaston, Bayside, Auberndale, Murray Hill, Flushing, Floral Park, Bellrose, Queens Village, Hollis, Jamaica, Woodside and other Queens neighbors who ride the Long […]
Then-Mayor Michael Bloomberg‘s ceremonial ride on the No. 7 train earlier in December to the line’s future stop at 34th Street and 11th Avenue was premature until they find $500 million more to build the promised intermediate station at 10th Avenue and 41st Street. This station was deleted from the original scope of work in […]
Developers of the long-stalled $850 million Flushing Commons project have filed their first permit with the city’s Department of Buildings, according to Crain’s and city officials. A DOB spokesperson said the department received and will review an application from TDC Development International and The Rockefeller Group. The near decade-old project will bring housing and retail […]
College Point leaders fear crumbling roads in an already congested neighborhood will not be able to handle a new police tow pound that “magically appeared” out of nowhere. State Senator Tony Avella said NYPD tow trucks have been bringing cars in and out of College Point Corporate Park for more than two weeks without first […]
Community Board 7’s Land Use Committee told developers of Willets Point they need to return with more answers on the proposed project before the board makes a decision. Committee members particularly want more information about parking, traffic flow and transplanting the plethora of small business owners within the Iron Triangle. Chuck Apelian, first vice chair […]