The Real Deal New York

Posts Tagged ‘trust for public land’

  • queensway

    Renderings of the QueensWay project

    The High Line-esque QueensWay project will cost $122 million to construct and design, according to a study released today by local nonprofit groups the Trust for Public Land and Friends of the QueensWay. [more]

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  • queensway_trail

    QueensWay rendering

    Organizers of the QueensWay park project — also sometimes called “the Queens High Line” — have reeled in $1 million in funding and a feasibility study is finally slated to launch next week, the Wall Street Journal reported.

    The nonprofit the Trust for Public Land is announcing today that two New York-based firms, WXY Architecture + Urban Design and dlandstudio, will head up the study to determine the project’s cost and scope, and create a conceptual design. [more]

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  • Riverfront Park in Newark

    Riverfront Park in Newark

    In an effort to revamp and clean up the Passaic River, Plans for the construction of a waterfront park in Newark, New Jersey along the polluted river are continuing, the New York Times reported. [more]

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  • 282-South-Fifth-Street

    Rendering of 287 Broadway, aka 282 South 5th Street, in Williamsburg

    Penthouse at Two Northside Piers in Williamsburg resold for $3.2 million. Trust for Public Land names NYC parks system second best in U.S. Renderings of Morris Adjmi-designed Williamsburg luxury rental building at 287 Broadway revealed. Corcoran Group, Core brokers embrace New Age “space cleaners.” More units at East Village condo project the Jefferson listed for sale. Read these stories and more after the jump.

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  • Half of the largest network of community gardens in the U.S. — 69 parcels totaling more than eight acres in Manhattan, the Bronx, Queens and Brooklyn — is set to change hands next week, according to an announcement from the Trust for Public Land, which currently holds title to them.

    The Trust purchased the gardens from the city for $3 million in 1999; they are now valued at $7 million.

    The first batch of gardens, which includes 32 parcels, will be deeded over to the newly-formed Manhattan and Bronx Land Trusts on Tuesday at a ceremony at East Harlem’s Carver Garden, on 124th Street between Second and Third avenues. The rest of the Trust’s gardens are expected to be acquired by the Brooklyn-Queens Land Trust in the fall. — Sarabeth Sanders[more]

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  • Budget cuts curb land purchases

    August 06, 2010 01:30PM

    Financial troubles are forcing state and local governments in New York and New Jersey to scale back efforts to buy choice pieces of farmland and open space for preservation, the Wall Street Journal reported. Conservation groups have viewed the real estate slump as the perfect opportunity to buy cheap land from struggling developers and banks, industry experts say. But the funding for such programs is being cut as governments struggle to balance budgets. “It’s a fabulous time to buy land, but there’s no public money,” said Leslie Wright, director of the Trust for Public Land’s New York program, a land conservation organization. The budget that was passed this week in New York cut funding by 65 percent for open space and farmland preservation, to $28.4 million. In New Jersey, the state is continuing to purchase and protect farmland and open space through a $400 million bond that voters approved last year. But New Jersey counties, facing pressure to reduce taxes and balance budgets, are sharply curtailing their preservation efforts. [WSJ]

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  • From left: 20-acre Ohrbach Lake at Camp Pouch (Photo credit: Emily Schnure) and a rough outline of the property

    The New York office of the Boy Scouts of America wants commercial services firm Jones Lang LaSalle to help negotiate the sale of the development rights — or the entire 120-acre property — composed of mostly undeveloped land in the tree-filled Greenbelt of Staten Island, a spokesperson for the non-profit organization told The Real Deal.

    The Greater New York Councils, Boys Scouts of America, picked JLL to represent it in negotiations, but the brokerage has not yet signed a contract with the non-profit, he said.

    The Boy Scouts is considering selling the development rights to William H. Pouch Camp — either a portion of the site or the whole parcel — as a way to raise much needed funds for the financially strapped organization, Boy Scouts spokesperson William Kelly said. If the property is put on the market, it will likely be the largest
    listing in New York City today in terms of square feet, brokers said. The Boy Scouts began conversations with the national conservation-focused non-profit Trust for Public Land about two weeks ago to arrange some kind of sale of the Pouch Camp land, Kelly said.  More

    [more]

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