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Builders given food for thought.


The city's Economic Development Corporation is looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 a developer who can breathe new life into the landmark Battery Maritime Building at the southernmost tip of Manhattan.

Following a $60 million make-over of the exterior of the Beaux-Arts-style industrial building, the City has hinted it would like to see it used as a mecca to food, with retail and wholesale food markets, food production, education, outdoor farmers' market farm·ers' market
n.
A public market at which farmers and often other vendors sell produce directly to consumers. Also called greenmarket.
 and restaurant, as well as event space.

Located at 10 South Street, the 140,000 s/f four-story building is seen as a gateway to Governors Island in New York Harbor New York Harbor, a geographic term, refers collectively to the rivers, bays, and tidal estuaries near the mouth of the Hudson River in the vicinity of New York City. This is sometimes construed in the sense "the Ports of New York and New Jersey". , which is currently the focus of a Request for Proposals that is attracting a range of ideas to transform the 172-acre island into a tourist haven, including a spectacular Santiago Calatrava-designed gondola.

According to the EDC EDC

See: Export Development Corp.
, developers may include Battery Maritime Building in any proposals for Governors Island.

Built in 1908, the Maritime Building features three ferry slips, including one dedicated to Governors Island, and a 10,000 s/f waiting hall on the second floor.

There is about 40,000 s/f of office space on the third and fourth floors. Over the past five years, the City has invested approximately $60 million restoring the building's exterior and stabilizing its substructure substructure /sub·struc·ture/ (-struk-chur) the underlying or supporting portion of an organ or appliance; that portion of an implant denture embedded in the tissues of the jaw.

sub·struc·ture
n.
. The selected developer would be responsible for renovating the interior spaces, as well as any additional exterior renovations necessary for the adaptive reuse of the building, which is being offered for long-term lease.

The selected developer must also preserve the historic features of the building and endeavour to restore the architectural integrity of structure.

Copies of the RFP (Request For Proposal) A document that invites a vendor to submit a bid for hardware, software and/or services. It may provide a general or very detailed specification of the system.

1. (business) RFP - Request for Proposal.
2.
 can be downloaded at www.nycedc.com/rfp. Proposals are due by 3 p.m. on Wednesday, May 10, 2006.
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Article Details
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Author:Barr, Linda
Publication:Real Estate Weekly
Date:Mar 15, 2006
Words:289
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