New York City Economic Development Corporation

Community Board wants more answers on Willets Point project
Community Board wants more answers on Willets Point project
Northeast Terence M. Cullen 4/18/2013 at 9:02AM

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 [...]

Approved Willets Point plan to go through rigorous review
Approved Willets Point plan to go through rigorous review
Northeast Terence M. Cullen 3/19/2013 at 6:36PM

Redevelopment of Willets Point will now go through a rigorous review process after its study was approved by the Department of City Planning (DCP). The plan, approved by DCP on Monday, March 18, will first go to Community Board 7, which includes Willets Point, for an advisory vote. Borough President Helen Marshall will then get [...]

Flushing Commons finally moves forward
Flushing Commons finally moves forward
Northeast Terence M. Cullen 3/13/2013 at 1:16PM

The long-delayed Flushing Commons project is finally starting this fall, with accommodations for parking and small business, the New York City Economic Development Corporation (NYCEDC) has announced. The $850 million project, a decade in the making, got the green light Tuesday, March 12, and construction is planned to start later this year. The two-phase project [...]

Bayside developer to turn vacant Flushing property into mixed use development
Bayside developer to turn vacant Flushing property into mixed use development
Northeast Melissa Chan 12/26/2012 at 9:35AM

A Bayside developer has been tapped to transform a vacant Flushing property into a mixed use development. The New York City Economic Development Corporation (NYCEDC) announced it has selected Success 88 LLC, headed by Betsy Mak, to turn an abandoned site at 135-15 40th Road into 12,000-square-feet of community, commercial and retail space. “Flushing continues [...]

Courier hosts Power Breakfast on future of LIC’s tech boom
Courier hosts Power Breakfast on future of LIC’s tech boom
Networking Events Terence M. Cullen 10/12/2012 at 10:16AM

Seth Pinsky, president of the New York City Economic Development Corporation (NYCEDC), made clear that as business sectors based in the city move forward, technology will become more crucial. “As we like to say at EDC: whereas in the past the technology industry was a sector; increasingly, today, the economy itself is the tech sector.” [...]

‘Don’t sell out’: Brooklyn holdouts’ message to Willets Point owners
‘Don’t sell out’: Brooklyn holdouts’ message to Willets Point owners
News Melissa Chan 9/28/2012 at 8:07AM

The battle against the behemoth billion dollar Barclays Center has long been lost for some Brooklynites, but leading opponents of the project are hoping the war waged against the city will be won in Willets Point. “Fight to the bitter end,” said Donald O’Finn, one of 14 Brooklyn plaintiffs that took state developers to court [...]

Start-ups flock to Queens
Start-ups flock to Queens
News Alexa Altman 8/14/2012 at 12:41PM

Tech start-up companies, escaping steep Manhattan rents and expanding Queens-born businesses, are setting up shop in Long Island City. “It has a pioneering and innovative spirit,” said Coalition for Queens founder Jukay Hsu of the neighborhood’s energy. The creator of the non-profit organization, responsible for fostering the tech community in the borough through raising awareness [...]

Development up throughout Queens
Development up throughout Queens
News Terence M. Cullen 7/10/2012 at 9:00AM

Temperatures are not the only thing that’s been skyrocketing this summer. Development in Queens has been booming in the borough, with announcements of major projects, the near-completion of others, and talks of even more to come. Mayor Michael Bloomberg announced on June 14 the long-awaited, finalized plans for a Willets Point facelift that is expected [...]

Rockaway Courthouse to be revitalized
News Melissa Chan 1/31/2012 at 1:09PM

The former Rockaway Courthouse — saved from its longtime sentence of stagnancy — has been given a second life. The limestone and marble courthouse, located at 90-01 Beach Channel Drive, was originally constructed in 1932. But for the last 20 years, the building has remained vacant. Now, the city is seeking interested buyers to reactivate [...]

What’s new in Long Island City
What’s new in Long Island City
News Steve Mosco 12/06/2011 at 5:57PM

No matter what time of year it is and what holiday is upon us, new developments in the neighborhood never cease. New restaurants, businesses, praise and that Hunters Point South project continue to move forth. Here’s just a few items to come through recently: Chocomize, a maker of chocolate bars that can be customized with [...]