Willets Point draws developers’ bids

The New York City Economic Development Corporation received 29 preliminary proposals from developers for the potential 62-acre Willets Point District redevelopment project in Queens, according to an announcement released today. Seth Pinsky, president of the EDC, said that the panel is enthusiastic about the proposals received for the project, which will include 5,500 residential units and will create 18,000 construction jobs. “The quantity and quality of these responses are strong indicators that the development community has confidence in the successful redevelopment of Willets Point despite current economic conditions,” Pinsky said in a written statement. The development, situated between Queen’s Flushing and Corona neighborhoods, will be the first “green neighborhood” in the city, according to Pinsky. TRD