You Mean You Want To Buy My Business, In The Neighborhood Without Streets, Sewage Or Running Water?
Well, when you put it that way:
Two Willets Point business owners have signed agreements to sell their land to the city, marking the first major property acquisitions the New York City Economic Development Corp. has made in its bid to raze and redevelop the 62-acre industrial district.
The EDC announced Wednesday afternoon that Sambucci Bros. Inc. and BRD Corp. have each reached agreements with the city to sell their combined 74,000 square feet of land if the city wins approval from the City Council later this year to redevelop Willets Point.
“NYCEDC is pleased to have completed the first property acquisition agreements,” President Seth Pinsky said. “They provide tangible evidence that we will make good on our promise to achieve fair, negotiated deals with as many businesses and owners as possible in connection with the Willets Point redevelopment.”
But while the deals were trumped as substantial benchmarks of progress by the city, the excitement was not universally shared.
Shortly after the news was released City Councilmen Hiram Monserrate (D-East Elmhurst), John Liu (D-Flushing) and Tony Avella (D-Bayside) sent a letter to Community Board 7, urging its members to vote against the plan when the board issues its recommendation. This is expected to take place June 30.
Location Scout: Iron Triangle.
Posted: June 20th, 2008 | Filed under: Queens, There Goes The Neighborhood