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RFPs sought for three City properties.

New York City Economic Development Corporation (EDC) President Charles Millard has announced that EDC, on behalf of the City, is issuing Requests for Proposals (RFPs) for development of City-owned land totaling more than two million square feet in Harlem, Brooklyn and Staten Island.

These RFPs are another step in Mayor Rudolph Giuliani's ongoing efforts to privatize under-utilized City property, creating jobs, generating revenue and revitalizing neighborhoods.

"This most recent call for proposals is a continuation of the Mayor's plan to put idle City land to work for the people of New York City," Millard said. "These three properties offer an interesting mix of development opportunities. The sites in Harlem and Brooklyn are ideal locations for commercial and manufacturing operations, while the vacant land in Staten Island will help meet the growing demand for senior housing."

The sites include the former Taystee Bakery in West Harlem, which consists of six buildings totaling approximately 134,000 square feet on 40,800 square feet of property. Located on 126th Street between Amsterdam and Morningside avenues, the site is served by two subway stations and is accessible from the Henry Hudson Parkway. It is available for immediate as-of-right manufacturing or commercial development. The project may also qualify for some City funding for improvements. Proposals are due by 2 p.m. on Thursday, June 10, 1999. The date for an informational meeting and site visit is to be announced.

The second site, Unit B of Bush Terminal, located in the heart of the industrial district of Sunset Park, Brooklyn, is available for lease and immediate occupancy. It features a 260,000 square-foot, six-story industrial loft building, six loading docks and 5,000 square feet of parking. With easy access to major highways, the site offers excellent development potential for manufacturers and distributors. The site is in the New York State Economic Development Zone, making it eligible for business wage, sales and investment tax credits. Proposals are due by 2 p.m. on Monday, May 27. An informational meeting and site visit will be held on Friday, April 23rd. The time for the meeting and visit is to be determined.

A 40-acre parcel of vacant land in Staten Island is being offered for development of senior housing. Adjacent to Sea View Hospital Rehabilitation Center and Home, the site presents a unique opportunity to build a multi-level senior-care facility to meet the growing demand for specialized senior housing in the New York Metropolitan area. A site visit and informational meeting is scheduled for Friday. April 23. The time for the meeting and visit is to be determined. Proposals are due by 2 p.m. on Tuesday, July 13th.

For more information about the properties or to receive a complete proposal package, call (212) 312-3969 or e-mail

EDC is the City's primary vehicle for economic development services. Using its real estate and financial resources, EDC helps develop businesses and create jobs throughout the five boroughs. EDC is also responsible for the sale and leasing of City-owned land for economic development.
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Title Annotation:New York City Economic Development Corp.'s issuance of of requests for proposals for developing city-owned land
Publication:Real Estate Weekly
Date:Apr 14, 1999
Previous Article:Remaining RTC condos on the market.
Next Article:Five buildings are available in Midtown South/Chelsea areas.

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