Sterling Equities

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 [...]

Walmart, developers deny plans of a Willets Point store
Walmart, developers deny plans of a Willets Point store
Business Terence M. Cullen 8/02/2012 at 3:35PM

Rumors of Walmart setting up shop in Willets Point were quickly put to an end, after reports that the megastore was in talks with the developers about anchoring a store at Willets West. The Queens Development Group, a joint venture between Related Companies and Sterling Equities, said in a statement that there has been no [...]

Mayor Bloomberg: Willets Point facelift to bring thousands of jobs
Mayor Bloomberg: Willets Point facelift to bring thousands of jobs
News Timothy Petropoulos 6/14/2012 at 12:24PM

More than 12,000 construction jobs and 7,000 permanent jobs will come from the proposed Willets Point renovation, Mayor Michael Bloomberg said, which includes retail space, a hotel and quicker access to the Van Wyck Expressway. The reconstruction — to be funded by $3 billion in private investment, as well as $100 million in city capital [...]

Mets reach deal to develop Willets Point, according to reports
News Melissa Chan 5/23/2012 at 1:47PM

A new deal has been reportedly struck between the city and a real estate firm to redevelop Willets Point into a mixed-use retail and housing hub, according to reports. The city rescinded its bid two weeks ago to acquire and develop Willets Point through Eminent Domain, and instead, according to published reports, has reached an [...]