Construction is now complete on The Fountains, a six-building affordable housing complex in East New York, Brooklyn. Developed by Long Island-based Arker Companies, which purchased the site for $10 million following a competitive request for proposal process facilitated by the Empire State Development Corporation, the development yields 1,163 affordable homes, commercial space, and a new public plaza.
Empire State Development
Empire State Development, a New York State-funded economic development agency, is now seeking funding from the United States Department of Transportation to complete a new offshore wind staging and assembly port in Staten Island.
Yesterday, Governor Andrew Cuomo announced the board of directors of Empire State Development (ESD) had adopted the general project plan for the Empire Station Complex. The drafted plan, supported by a draft Environmental Impact Statement, would foster high-density redevelopment on eight sites surrounding the Penn Station transit hub. The plan is expected to create about 20 million square feet of mixed-use space including Class A commercial office, retail, hotel, and residential, and calls for five supertalls ranging from 1,018 to 1,300 feet in height, in addition to four other major skyscrapers. The area is bounded by Sixth and Ninth Avenues to the east and west, and by West 30th and West 34th Streets to the south and north in Midtown, Manhattan. Moynihan Station, the first step in the revitalization, opened at the end of 2020.
After decades of planning and three years of construction, Manhattan’s Moynihan Train Hall finally opened its doors today to commuters. Designed by Skidmore, Owings & Merrill, the 255,000-square-foot redevelopment of the landmarked James A. Farley Post Office Building shines with a grand new hall for Penn Station’s Amtrak and Long Island Railroad service, replete with a 92-foot-high glass atrium that harkens back to the original terminal. The new space, which was unveiled on Wednesday by Governor Cuomo, will help relieve commuter congestion and improve train scheduling and capacity.
At the beginning of this year, Governor Andrew Cuomo announced a major redevelopment initiative for the area surrounding New York City’s Pennsylvania Station. Referred to as the “Empire State Complex,” the project team is now completing a final scope of work, which will take into consideration the many comments received from community activists, experts, and officials since a scoping meeting on July 20, 2020.