Willets Point plan debuts at City Council Monday

New York /
Sep.September 13, 2013 04:20 PM

The Related Companies and Sterling Equities’ plan to overhaul Willets Point with a mega-mall next to Citi Field comes up for a first hearing before the City Council Monday.

The session is to be chaired by Queens City Council member Mark Weprin, who has publicly supported the project and comes one month after the City Planning Commission greenlit the plan.

Economic development experts and many elected officials contend that the project would breathe fresh life into a run-down area, but the $3 billion undertaking faces opposition from the neighborhood businesses it will displace. There is also criticism because the 2,500 units of slated housing won’t be constructed until several years after the mall opens.

A session before the land use subcommittee will follow Monday’s meeting. And while the outcomes could delay the project, a City Council spokesperson told Crain’s that a verdict is expected in coming days.

The council is expected to cast a final vote on the Willets Point project in October. [Crain’s]Julie Strickland


Related Articles

arrow_forward_ios
Related's Jamar Adams and Steve Ross with 14-06 Gateway Boulevard (Credit: Getty Images and Google Maps)
Related is the latest developer to target the Rockaways
Related is the latest developer to target the Rockaways
Gravity CEO Moshe Cohen and Related CEO Jeff Blau (Getty, Gravity)
Related partners with electric vehicle startup to bring charging stations to NYC
Related partners with electric vehicle startup to bring charging stations to NYC
34 Desbrosses Street and Related CEO Jeff Blau (StreetEasy, Getty)
Related scores $258M Blackstone loan for luxury Tribeca apartment building
Related scores $258M Blackstone loan for luxury Tribeca apartment building
Stephen Ross and Esperanté Corporate Center
Stephen Ross becomes king of West Palm offices
Stephen Ross becomes king of West Palm offices
Gov. Andrew Cuomo. Inset: CHIP's Jay Martin, REBNY's James Whelan and GFP Real Estate's Jeff Gural (Getty)
Real estate industry forced to take sides on Cuomo
Real estate industry forced to take sides on Cuomo
Related chairman Stephen Ross (Getty, iStock)
Related the latest company to mandate vaccines for employees
Related the latest company to mandate vaccines for employees
The attraction is now closed and the developer is conducting an investigation. (Getty)
Hudson Yards Vessel closed again after fourth death
Hudson Yards Vessel closed again after fourth death
The tenants who won the affordable housing lottery at 15 Hudson Yards say the units are in an “entirely separate part of the building and with a different address.” (Hudson Yards, District Court of New York)
Lawsuit claims 15 Hudson Yards discriminates with “poor doors”
Lawsuit claims 15 Hudson Yards discriminates with “poor doors”
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...