Economic Development Corporation

Board greenlights transient hotel in downtown Flushing
Board greenlights transient hotel in downtown Flushing
Northeast Melissa Chan 4/12/2013 at 9:09AM

The developer of an 18-story building in downtown Flushing received a key nod to operate as a short-stay hotel. Community Board 7 voted 30-8 to approve a variance with conditions that would allow developer Fleet Financial Group to function as a transient hotel over a residential one at 42-31 Union Street. Guests are required to [...]

AG: Development Corporations lobbied illegally for projects
News Melissa Chan 7/11/2012 at 1:18PM

Three city development corporations have admitted to illegally lobbying the City Council to win approval of their favored projects, including a much-contested plan to revamp Willets Point, the state attorney general said. The city’s Economic Development Corporation (EDC), the Flushing Willets Point Corona Local Development Corporation (FWCLDC) — headed by former borough president Claire Shulman [...]