In an article at ESPN they are reporting that NYC has agreed with a development group that includes the Mets on a $3 billion dollar deal to “construct a mix of retail, hotel and commercial space in a gritty area made up of auto repair shops and junkyards.” – Link
Daniel Massey of Crain’s New York wrote an article that reported sources to say that the 2 developers Related Companies & Sterling Equities had teamed up to place a bid on the project back in October while in the midst of the Clawback situation. – Link
11 comments
Mr North Jersey
6/14/2012-11:14pm at 11:14 pm (UTC -4)
Can you say eminent domain?
Stick
6/14/2012-11:15pm at 11:15 pm (UTC -4)
that could be a fantastic area if they do it right. And certainly more attractive.
gategem
6/15/2012-2:31am at 2:31 am (UTC -4)
Where the hell am I going to get parts for my Mercedes and Bugati Veyron if they proceed with the planned area improvement?
srt
6/15/2012-6:47am at 6:47 am (UTC -4)
Dang. I was hoping the development would include some housing like condos. Had my retirement spot for the summer months all picked out.
Stickguy
6/15/2012-10:17am at 10:17 am (UTC -4)
I am sure your husband would have loved that!
SaltyGary
6/15/2012-10:21am at 10:21 am (UTC -4)
They plan on adding 5000 condo/apt units. Your dream will come true.
srt
6/15/2012-10:49am at 10:49 am (UTC -4)
Condo/apt units? Really? Hmmmm.
And LOL yeah Stick…haven’t really brought this up to hubby yet. I’m sure that would be a hard sell. Retiring in Queens NY would not be his first choice…….
SaltyGary
6/15/2012-11:05am at 11:05 am (UTC -4)
Probably on the 20th choice either lol. With the amount of waste that is there, I wouldn’t buy in. There are now sewers or underground plumbing. So all that waste just soaks into the soil and the currents take it in and out.
SaltyGary
6/15/2012-10:21am at 10:21 am (UTC -4)
I am not a proponent of “eminent domain”. In NH we are dealing with a possible electric transmission line from Canada (called the Northern Pass) though the entire state North to South that would affect tons of people.
On this particular project I am actually ok with it. As an outsider that area is scarey as all hell. Also when you look at planning those facilities don’t make a lot of sense there. I would hope that they would help with relocation efforts. Not to hard to move a steel hanger.
Add in all this commercial and real estate space will also benefit the US Open and adjoining worlds fair park.
SaltyGary
6/15/2012-10:49am at 10:49 am (UTC -4)
Good article in Daily News regarding the project:
http://www.nydailynews.com/new-york/willets-point-land-a-shameful-steal-a-deal-mets-article-1.1096174
Paul Festa
6/15/2012-11:22am at 11:22 am (UTC -4)
It needs to be done. It’s kind of embarrassing driving past row upon row of chop shops on the way to the parking lot.
Salty – I’m also opposed to eminent domain, which makes me conflicted, but in this case, that area has to be cleaned up.