Mets owner Steve Cohen on Tuesday released more details about his plan to build a casino on the city-owned parking lot surrounding Citi Field, although he still needs the state legislature to approve so-called park land alienation to start any construction. New Green Willets LLC, Cohen’s lobbying firm, has officially unveiled “Metropolitan Park,” an $8 […]
EDC
Posted inEric Adams
What We Know About Tim Pearson, the Eric Adams Operative Under Investigation for Shelter Melee
He’s got no public schedule to speak of. He’s rarely seen in public with Eric Adams, but has the mayor’s ear across a variety of subjects. He works for a quasi-city agency, the Economic Development Corporation, but runs point for City Hall on security in migrant shelters and makes top-level decisions about the New York […]
Posted inReal Estate
Sunset Park Landlord Lobbied Top Adams Aides Before Scoring Deal to Relocate City Workers
Salmar Properties spent $28,000 on a top influence firm, on top of campaign donations to Eric Adams from family members that exceeded legal limits.
Posted inEnvironment
New York State of Wind: Future Looks Breezy for Offshore Empire
There are grand plans in the works — and mandates from Albany — for large investments in renewable energy with wind power at the forefront.
Posted inPlaygrounds
NYC Economic Development Corporation Abruptly Evicts Beloved Red Hook Playground
The nonprofit that built PortSide Park was told on Friday to cease and desist, or get booted off the pier entirely. By Monday, the community space was gone.
Posted inNYC Ferry
NYC Ferry Embarks on New Bids, Seeking Operator That Can Land the Most Money
The Economic Development Corporation has launched a search for potential new ferry operators — with a goal to make money instead of being completely buoyed by tax dollars.
Posted inQueens
Mets’ Casino Gamble Could Crap Out in Parking Lot
State law and a complicated bond financing deal stand in the way of bringing legal betting to Citi Field area
Posted inNYC Ferry
Comptroller: City Spent Almost Double on Subsidies to Keep NYC Ferry Afloat
In a scathing report, building on THE CITY’s reporting, Brad Lander accused the Economic Development Corporation of playing “hide the ball” on ferry finances.
Posted inCity Hall
Eric Adams’ Would-Be Economic Czar to Remain in Private Sector
Mayor Eric Adams’ reported choice to head the city’s powerful Economic Development Corporation will not be taking the job after all. Carlo Scissura told THE CITY he will remain as president and CEO of the New York Building Congress, saying in a statement that he is “thrilled to recommit to this historic organization.” “This is […]
Posted inQueens
Adams’ Likely Economic Czar Got Hired to Fight Queens Affordable Housing Rescue
Mayor Eric Adams’ anticipated pick to head the city’s economic development arm signed on to help an investor battling housing agencies for control of an ailing Astoria affordable housing development — a war officials contend has delayed desperately needed repairs. New York Building Congress CEO Carlo Scissura, as part of a 2018 contract with Brooklyn-based real […]