New York City Economic Development Corporation

2460 Second Avenue

730-Unit Mixed-Use Project Proposed at 2460 Second Avenue, East Harlem

The New York City Economic Development Corporation (NYCEDC) has released preliminary plans, ahead of a presentation set to be given later in September, to develop a 1.1-million-square-foot mixed-use project at 2460 Second Avenue, in northern East Harlem. The city-owned property, currently a vacant 105,000-square-foot former bus depot, was the site of a church and a slave burial ground during the 17th century, Commercial Observer reported. The redevelopment would include a 15,000-square-foot living memorial and cultural center in honor those who were buried there. The rest of the project could include 730 rental apartments, half of which would rent at below-market rates. In addition, the plan calls for 315,000 square feet of commercial space, including retail and offices, and 30,000 square feet for community facilities. It would be accommodated by a 300-car parking garage and 18,000 square feet of outdoor space. Since the site is city-owned, the project must be approved through the Uniform Land Use Review Procedure (ULURP). Completion is tentatively set for 2022. The block-encompassing site is located between East 126th and 127th streets.


Sea View Healthy Community

City Announces Master Plan to Redevelop Shuttered Seaview Hospital Into Mixed-Use Complex, Staten Island

The New York York City Economic Development Corporation (NYCEDC), with Staten Island Borough President James Oddo, has announced the master plan to redevelop the severely dilapidating Seaview Hospital complex at 460 Brielle Avenue, located in central Staten Island. The mixed-use redevelopment, dubbed Sea View Healthy Community, will include medical space, retail, residential units, and community facilities/public open space. Currently, the city is in the process of allocating funding for infrastructure improvements and upgrades. The NYCEDC is planning to launch the application processes, a formal Request for Expressions of Interest (RFEI), for individual components of the redevelopment later this year. The campus sits within the New York City Farm Colony-Seaview Hospital Historic District, which means the Landmarks Preservation Commission must approve the design of all of project’s components. So far, the LPC has approved plans for a two-story Meals on Wheels building.


50 West Street

Public Plaza, Pedestrian Bridge Outside 50 West Street Revealed, Financial District

Now that exterior work has completed on 50 West Street – the 64-story, 191-unit mixed-use tower dubbed simply “50 West” under development in the Financial District – crews are now focused on building a 6,800-square-foot public plaza around the base of the building and a pedestrian bridge over West Street (a.k.a. the West Side Highway). Renderings of the spaces have been revealed by the Wall Street Journal. The 24-hour plaza will feature an art gallery, a café, vegetation, and seating. The pedestrian bridge, dubbed the West Thames Street Bridge, will feed directly into the plaza. It will boast steel structural supports and a glass roof and walls. The New York City Economic Development Corporation (NYCEDC) is building the new pedestrian bridge, which will replace the Rector Street bridge located a block northward. Demolition of the Rector Street bridge and construction of the new one is expected to last two years.


65 East 149th Street

City Seeks Affordable Mixed-Use Building for 65 East 149th Street, Lower Concourse

The New York City Economic Development Corporation (NYCEDC) and the Department of Housing Preservation and Development (HPD) have launched a request for expressions of interest (RFEI) for the 158,000-square-foot development site at 65 East 149th Street, located in the South Bronx’s Lower Concourse section. The hope is for a development team to propose a mixed-use building with an assortment of affordable residential units, commercial space, and community facilities, DNAinfo reported. In addition, there will have to be public open space, which will hopefully be in the form of a waterfront esplanade (the site fronts the Harlem River). Infrastructure upgrades are also part of the project. The vacant site is located five blocks from the 149th Street-Grand Concourse stop on the 2 and 5 trains. Responses are due by October 11.


The Lowline

Lower East Side’s Lowline Underground Park Moves Forward with First City Approval

The New York City Economic Development Corporation (NYCEDC) and Mayor Bill de Blasio’s Executive Office of Housing and Economic Development (EOHED) have selected the team behind the Lowline proposal to lease the vacant, 60,000-square-foot Williamsburg Bridge Trolley Terminal, located under Delancey Street between Clinton and Norfolk streets on the Lower East Side. This marks the first city approval for the project, bringing it significantly closer to reality. The public park would take up roughly 43,500 square feet of the abandoned terminal.


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