Economic Development Corporation

February 6, 2025

NYC to redevelop Long Island City site once proposed for Amazon’s HQ2

The city is looking to redevelop three sites in Long Island City that nearly became Amazon's second headquarters. As first reported by Crain's New York, the Adams administration will release a request for expressions of interest (RFEI) this spring to redevelop 44-36 Vernon Boulevard, a longtime Department of Education property. The city is prioritizing proposals that include commercial, industrial, and community-serving tenants for the six-story building. The 672,000-square-foot warehouse was once slated to be part of Amazon's "HQ2," a sprawling campus for the retail giant, but the company withdrew its plan in 2019 after strong opposition from residents, elected officials, and community groups.
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November 30, 2023

Second phase begins on affordable housing complex at former Bronx juvenile jail

The five-acre mixed-use development at a former juvenile jail site in the Bronx is moving forward. New York City officials on Wednesday broke ground on the second phase of the Peninsula, which will bring over 700 affordable homes and a manufacturing building to Hunts Point. The project's second phase includes two buildings with 359 apartments, a public plaza, a parking garage, and community space. The mixed-use complex is rising on the site of the former Spofford Juvenile Detention Center, which closed in 2011 and was notorious for its mistreatment of children.
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April 8, 2019

As rail freight expands, an old train line in Brooklyn and Queens could provide congestion relief

The New York & Atlantic Railway, a little-known freight line that runs through Brooklyn and Queens, is set to receive a significant investment as part of ongoing strategies to relieve congestion in the city, the New York Times reports. Currently, the city’s rail lines only transport two percent of New York’s cargo, while trucks carry about 90 percent. One rail car can carry the equivalent of four trucks, so they could represent a previously "unsung" key to diverting truck traffic, a major contributor to the city’s ongoing battle with gridlock.
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