First of three phases of the redevelopment of Willets Point was approved by council on October 9th.
"The City Council on Wednesday overwhelmingly approved the controversial first phase of the larger $3 billion redevelopment of Willets Point.
The team behind the project — Sterling Equities and the Related Companies — scored the victory after a morning of feverish closed-door negotiations.
As approved, the massive development will include more affordable housing than originally proposed, a large investment in the nearby Flushing Meadows-Corona Park and relocation assistance for the small businesses that will be displaced….
The developers agreed to give $15.5 million to the newly created Flushing Meadows-Corona Park Alliance, and an additional $2.6 million toward a rooftop farm for the 1.4-million-square-foot mall.”
How Much of this will ACTUALLY happen…. I mean besides the shopping mall.
When will we get over the need for all redevelopment projects to be almost solely made of glass?