Brooklyn and Queens developments get stimulus cash

Downtown Brooklyn and Queens’ Rockaway Point have been tapped to receive millions in stimulus money for developments. The Bloomberg administration granted $20 million for a housing and retail complex, City Point, to be built on the east side of the Fulton Mall in Downtown Brooklyn, and $16 million for a supermarket and shopping mall in Rockaway Point, Queens. The projects were chosen because they presented long-term commercial and construction opportunities for the city, according to David Lombino, a spokesperson for the city’s Economic Development Corporation. “We’re eager to sustain the momentum in neighborhoods like these that had benefited from significant private investment in more flush times but are seeing little today,” Lombino said. After financing those projects, the city still has approximately $90 million in federal stimulus funds yet to be distributed.