The city’s Economic Development Corporation wants proposals from developers who would like to build and maintain underutilized industrial plots in three New York City boroughs. These include 95,000 square feet at 2399 Watson Avenue in the Bronx’s Zerega section, 80,000 square feet in East New York, Brooklyn, 53,000 square feet in Sunset Park, Brooklyn and 40,000 square feet in Queens’ College Point Corporate Park at 28th Avenue and 122nd Street. Each site is eligible for sale or lease.
The RFP, put out today, comes as part of the city’s 22 industrial initiatives, which Crain’s said aim for the update and preservation of 9 million square feet of underutilized industrial sites around the city. These projects aim to create and keep, directly and indirectly, some 30,000 jobs that could spur over $150 million in tax revenue.
The first submission deadline is September 13. [Crain’s]