search

The Real Deal Logo

Trending

Fort Lauderdale crane collapse victim seeks over $50M in damagesFort Lauderdale crane collapse victim seeks over $50M in damagesLA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsGeorge Lucas developing priciest condo in Chicago history George Lucas developing priciest condo in Chicago history Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421a
New York

Council wants more Willets info

Sign Up for the undefined Newsletter

Faced with a November 12 vote to approve the controversial redevelopment of Willets Point, City Council members are complaining that not enough specifics about the plan’s costs have been revealed. Mayor Bloomberg has earmarked $400 million in the city’s annual fiscal budget for the plan, but has not shown how that total breaks down. The city has not provided details about the five land-lease deals it signed in the project’s footprint, which account for 3 acres of the 62-acre site. Rep. Monserrate of Jackson Heights said that the plan’s 32 opponents in the City Council are also skeptical because a developer has not been named.