EDC

adaptive reuse, condos, Crown Heights, New Developments, Rentals

Bedford Union Armory Redevelopment, rendering by JM Zoning via NY Yimby.

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

Policy, Transportation

PressNYC, EDC ,economic development corporation, freight infrastructiure, job creation, freight

Aggregate barge on Newtown Creek. Photo Credit: Mitch Waxman via NYCEDC

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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adaptive reuse, Crown Heights, Policy

BEDFORD UNION ARMORY, KINGSBRIDGE ARMORY, MAYOR DE BLASIO, NYC ARMORIES, PARK AVENUE ARMORY, Laurie Cumbo, Affordable housing, adaptive reuse, historic buildings

Rendering of the Bedford Courts development planned for the Bedford-Union Armory; image: BFC Partners/Bedford Courts

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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