Industry City developers spent millions lobbying for a rezoning

Developers recently agreed to delay the rezoning application

TRD New York /
Mar.March 12, 2019 04:01 PM

City Council member Carlos Menchaca and Industry City (Credit: Getty Images)

More than $2 million in lobbying wasn’t enough to stop the Industry City rezoning from being delayed.

The waterfront complex is owned by Jamestown, Belvedere Capital and Angelo Gordon, and the companies hired five lobbying firms to work on their rezoning push, according to PincusCo. These were Capalino+Company, 99 Solutions, HR&A Advisors, Yoswein New York and the MirRam Group.

But these efforts were not enough to keep the local community board from requesting a delay in the rezoning process. Industry City CEO Andrew Kimball has agreed to slow things down.

The developers hope to add more than 1 million square feet of new construction to Industry City, along with two hotels with 420 rooms in total, educational space and large-scale retail space.

The process is far from dead despite the delay, but a spokesperson for local City Council member Carlos Menchaca told PincusCo that the issue was that Industry City did not disclose its plan for the area until September 2017.

“It doesn’t make sense to begin ULURP when the idea has only been on paper for a little more than a year and the community started a more comprehensive evaluation process last fall,” he said. [PincusCo] – Eddie Small


Related Articles

arrow_forward_ios
Clockwise from left: Paloma Lara, Open New York’s Will Thomas, Developer Eli Weiss

Developer, activists square off on rezoning, industry distrust

Developer, activists square off on rezoning, industry distrust
From left: City Council members Carlos Menchaca, Ritchie Torres and Donovan Richards with Industry City (Getty, iStock)

Council members call for override on Industry City rejection

Council members call for override on Industry City rejection
Vishaan Chakrabarti of Practice for Architecture and Urbanism and Hiten Samtani of The Real Deal (Getty)

Vishaan Chakrabarti on a Manhattan real estate market without private cars

Vishaan Chakrabarti on a Manhattan real estate market without private cars
Vishaan Chakrabarti of Practice for Architecture and Urbanism and Hiten Samtani of The Real Deal (Getty)

The REInterview: What if Manhattan had four Central Parks’ worth of land to play with?

The REInterview: What if Manhattan had four Central Parks’ worth of land to play with?
Council member Carlos Menchaca and Industry City (Getty, Wikipedia)

Industry City rezoning is effectively dead

Industry City rezoning is effectively dead
Joy Construction’s Eli Weiss, Maddd Equities’ Jorge Madruga, and Mayor Bill de Blasio (Google Maps, Getty)

Inwood rezoning faces new challenges in HPD budget cuts

Inwood rezoning faces new challenges in HPD budget cuts
Social Construct CEO Ben Huh, The Real Deal's Hiten Samtani and Social Construct cofounder Michael Yarne

The REInterview: Social Construct’s founders on making multifamily construction an assembly line

The REInterview: Social Construct’s founders on making multifamily construction an assembly line
2870 Ocean Avenue in Sheepshead Bay (Google Maps)

Chetrit firm to acquire Sheepshead Bay development site

Chetrit firm to acquire Sheepshead Bay development site
arrow_forward_ios

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

Loading...