City scraps Sunset Park project after row with Council member

EDC claims Carlos Menchaca sought control of $115M South Brooklyn Marine Terminal site

New York /
Jan.January 08, 2015 01:39 PM

The city is backing out of a $115 million project to redevelop the 88-acre South Brooklyn Marine Terminal along the Sunset Park waterfront.

City officials said Brooklyn Council member Carlos Menchaca demanded too much control over the site. The City Council was slated to vote yesterday to reassign the terminal’s lease back to the Economic Development Corporation. But the city canceled its plans, which involved the construction of a new municipal recycling facility and the reactivation of maritime services at the terminal.

Kyle Kimball, president of the EDC, told Crain’s that Menchaca was being obstructionist and refused to include the local community board on the selection of tenants for the project.

“I guess what caught us off-guard was that … in a district with a high poverty rate and stingy unemployment rates, he found the job-creation piece uncompelling,” Kimball told the publication. “I think we were surprised by that.”

Menchaca said city officials demanded approval for a master lease to maintain total control over the terminal for decades.

“They’ve got no stock in Sunset Park,” Menchaca said. “This is a new EDC with the same old tricks.” [Crain’s]Mark Maurer


Related Articles

arrow_forward_ios
Brodie Ruland of ASB Real Estate Investments in front of 5112 2nd Avenue in Brooklyn (ASB Real Estate Investments, LoopNet)
ASB, 60 Guilders sell Sunset Park warehouse for $85M
ASB, 60 Guilders sell Sunset Park warehouse for $85M
Radson Development co-founder Jacob Rad and the site of the development (Google Maps, LinkedIn via Rad)
Pair of mixed-use towers to rise at site of Hell’s Kitchen slaughterhouse
Pair of mixed-use towers to rise at site of Hell’s Kitchen slaughterhouse
Porsche and Volvo sign leases at Industry City
Porsche and Volvo sign leases at Industry City
Porsche and Volvo sign leases at Industry City
Rendering of 6208 Eighth Avenue (Raymond Chan Architects)
Massive Sunset Park project flounders and an EB-5 investor sues
Massive Sunset Park project flounders and an EB-5 investor sues
City officials say inadequate support for a retaining wall led to the death of construction worker Jashim Mia. (NYPD via Twitter)
City identifies cause of fatal wall collapse in Brooklyn
City identifies cause of fatal wall collapse in Brooklyn
A retaining wall collapsed at a Brooklyn home. (NYPD via Twitter)
Construction worker killed by wall collapse in Brooklyn
Construction worker killed by wall collapse in Brooklyn
Renderings of 1223 Spofford Avenue, Bronx, 153-10 88th Avenue, Queens and 1201 Spofford Avenue, Bronx (iStock, NYC Economic Development Corporation, Zara Realty)
The top 10 biggest real estate projects coming to NYC
The top 10 biggest real estate projects coming to NYC
Assemblymember Marcela Mitaynes  and Sen. Charles Schumer (Photos via Protect Sunset Park; Getty; Facebook)
With NY poised to lose billions, socialists fight real estate
With NY poised to lose billions, socialists fight real estate
arrow_forward_ios

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

Loading...