Crain's sleuths out the identities of the four developers who've submitted plans so far for the redevelopment of Willets Point: Silverstein Properties, The Related Companies, TDC Development and Construction Corporation, and AvalonBay Communities. The Related and TDC bids seem the most likely to provoke opposition?the Related bid because the developer is also considering leasing a Brooklyn site to Walmart, and the United Food and Commercial Workers Union Local 1500 is opposed; the TDC bid because TDC was part of Fushing Willets Point Corona Local Development Corporation, a non-profit that has received city funding. Things are never easy in the Iron Triangle. [Crain's]
Filed under:
Loading comments...