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City invites ideas for Red Hook waterfront make-over.

New York City Economic Development Corporation (EDC) issued a Request for Expressions of Interest (RFEI) for the development and operation of the Atlantic Basin, a 17-acre, centrally-located, protected body of water in New York Harbor formed by Piers 10, 11 and 12 on the Red Hook waterfront.

EDC is seeking uses that include, but are not limited to, water-borne transit, maritime support services, marine repair and refit, and recreational marina uses. A key site along the Brooklyn waterfront, the Atlantic Basin presents a unique opportunity to introduce new activity and employment opportunities in New York Harbor.

"Revitalizing Brooklyn's waterfront with maritime activities and public access is a high priority for the Bloomberg Administration," said EDC Interim President Joshua J. Sirefman. "The goal of this RFEI is to identify potential uses for this unique asset that will complement other projects in the area, including the adjacent Brooklyn Cruise Terminal, industrial marine operations at Sunset Park, and Brooklyn Bridge Park."

Piers 7 through 12 are the subject of an overall planning effort intended to sustain and enhance Red Hook's maritime identity with the introduction of new economic development opportunities, improved transportation on water and land, new waterfront access, and strengthened connections between upland neighborhoods and the water's edge.

While the RFEI is focused on the use of Atlantic Basin, respondents are also invited to propose ancillary uses to be located on Pier 11, or elsewhere within the vicinity of Piers 7 through 12. Piers 11 and 12 are currently leased by EDC from the Port Authority, and the City proposes to assume ownership of Piers 7 through 12 following completion of a public planning process and required approvals.

The RFEI is not intended as a formal offering for the site. EDC intends to work with selected respondent(s) to develop a Preferred Development Plan and subsequently dispose of the Site by long-term lease.

There will be a site visit on Tuesday, June 27, 2006. Details are included in the RFEI. For further information or to request a copy of the RFEI, please call (212) 312-3969 or visit Responses are due no later than 4 p.m. on Friday, September 1, 2006.
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Publication:Real Estate Weekly
Date:Jan 24, 2007
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