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A site opens in Brooklyn.


New York City Economic Development Corporation Overview
New York City Economic Development Corporation (NYCEDC) is a non-profit local development corporation that promotes economic growth across New York City's five boroughs.
 issued a request for proposals to identify a developer with a strong track record of industrial real estate development, particularly in the adaptive reuse of multi-storied warehouse buildings.

The selected developer will partner with the Brooklyn Economic Development Corporation for the redevelopment of a 1.1 million s/f, eight-story building, known as Federal Building #2, and an adjacent 100,000 s/f parcel located in the industrial waterfront area of Sunset Park, Brooklyn Sunset Park is a neighborhood in the southern section of the New York City borough of Brooklyn, USA. The neighborhood is located south of Park Slope and Windsor Terrace, separated by Green-Wood Cemetery and the Prospect Expressway/NY-27, while 65th Street and the Gowanus . The approximately 240,000 s/f development site is bounded by 30th Street on the north, Third Avenue on the east, 32nd Street on the south and Second Avenue on the west.

The site is being offered for sale or long-term lease. Potential developers may submit proposals with a rental or condominium/cooperative ownership model or a combination of the two. To attract companies with a high employee-to-space ratio, it is anticipated that the building will be subdivided into units of 10,000 s/f or less. A limited amount of retail space may be included on the lower levels to improve the streetscape street·scape  
n.
1. An artistic representation of a street.

2. Surroundings composed of streets: the urban streetscape. 
 and provide services for occupants. A former power plant located on the lot adjacent to the building is expected to be demolished by the developer for necessary parking space, Additional retail on the adjacent lot may also be considered. But any retail use must be sensitive and subordinate to the industrial uses.

Federal Building # 2 was built as a warehouse for the Department of the Navy in 1916 and is currently owned by the federal government and operated by the General Services Administration The General Services Administration (GSA) was established by section 101 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C.A. § 751). The GSA sets policy for and manages government property and records. . EDC EDC

See: Export Development Corp.
 is negotiating with GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM.  and will take title to the property prior to disposition to the selected developer and BEDC BEDC Block Error Detection Code
BEDC Biotech Employee Development Coalition (human resources professional association; San Diego, CA)
BEDC Bay Economic Development Corporation (Bay City, Michigan) 
.

The reinforced concrete building has 16 elevator shafts and nine stairwells. It features 200 pound per s/f floor loads. It is structurally sound, but may require a new roof, windows and mechanical, electrical, plumbing and HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free  systems, as well as vertical circulation and facade improvements. Additional information on the building's condition is contained in the Site Information File, which can be reviewed by appointment in EDC's offices, or purchased for $100. Respondents are strongly encouraged to review the file before submitting proposals.

Designated as the Southwest Brooklyn Industrial Business Zone, Sunset Park's industrial waterfront is an enclave for light manufacturers and other industrial businesses. The neighborhood is serviced by the D, M, N and R subway lines.
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Title Annotation:Construction & Design
Publication:Real Estate Weekly
Date:Dec 21, 2005
Words:406
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