EDC

December 11, 2019

Bedford Union Armory redevelopment project in Crown Heights breaks ground

The New York City Economic Development Corporation (NYCEDC) along with Council Member Laurie Cumbo, BFC Partners and community members today celebrated the groundbreaking of the redevelopment project finally underway at the historic Bedford Union Armory in Crown Heights. The new community hub will offer affordable space for local non-profits, recreational space for youth and hundreds of units of affordable housing as shown in new renderings. The road to this latest milestone has been a long and storied one since community leaders first envisioned the massive armory as a multi-use gathering space for the Crown Heights community.
New renderings of the redeveloped armory, this way
September 19, 2019

The city wants to put a self-filtering floating swimming pool on the East River

Swimming in the East River may once again become a reality. The city's Economic Development Corporation is seeking ideas for a floating pool that would filter the water of the East River to allow for safe swimming, according to a request for expressions of interest (RFEI) released Wednesday. A similar idea was first announced in 2010 by the nonprofit +POOL, which has been working with the city for years, as THE CITY first reported. The pool would likely be built between the north side of Brooklyn Bridge and the south side of Pier 35 on the Lower East Side, according to the request.
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August 28, 2019

Updated design revealed for long-awaited Willoughby Square Park in Downtown Brooklyn

The city unveiled on Monday an updated design for its Willoughby Square Park project, which has been 15 years in the making. The city's Economic Development Corporation and Hargreaves Jones Landscape Architecture presented revised plans to Brooklyn's Community Board, which include lawn space, promenade, and seating near City Point's Dekalb Market, as Bklyner reported.
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August 2, 2018

New renderings released for Crown Heights Bedford Union Armory redevelopment, permits still pending

Last November, 6sqft reported that the proposed Bedford-Union Armory Crown Heights redevelopment project had begun a land use application evaluation process before the City Council, submitted by BFC Partners and the nonprofit NYC Economic Development Corporation, who intend to jointly develop the massive armory that was once housing for the National Guard. Though permits filed four months ago for a fifteen-story building are still pending approval, New York Yimby reports that new renderings have been revealed for the residential portion of the project. As planned, Marvel Architects is responsible for the design.
New renderings, this way
July 17, 2018

City announces $100M plan to modernize freight distribution infrastructure

Mayor Bill de Blasio and the city’s Economic Development Corporation (EDC) announced on Monday the launch of a plan for investing in updated transportation options for New York City businesses and dividing distribution among the five boroughs. Freight NYC is a $100 million plan to overhaul the city’s aging freight distribution systems through strategic investments to modernize maritime and rail assets and create new distribution facilities. The plan hopes to create 5,000 jobs as well as a more sustainable and resilient supply chain network.
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November 15, 2017

Luxury condos may be off the table at Crown Heights armory after City Council hearing

Amid growing opposition, the proposed Crown Heights Bedford-Union Armory redevelopment project began its evaluation by the City Council at a hearing Tuesday on land use applications filed by the Economic Development Corporation (EDC), amNewYork reports. The massive armory, once housing for the National Guard, became city property in 2013. The EDC plans to sell the property to developer BFC Partners for the creation of 56 condos, of which 20 percent would be income restricted. The remaining market rate condos would help pay for the rest of the project, which would be leased by BFC Partners and would include 330 rentals (165 affordable), office space and a recreation center. Critics say the city is setting a dangerous precedent by leasing public land for private use, especially when market-rate condos are included. The de Blasio administration has championed the recreation center and housing, but the plan has has come under fire by neighborhood advocacy groups and has had an uphill battle in achieving the City Council approval it needs.
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