NYCEDC
Streetsblog Basics
State’s Top Court: Low-Cost Parking Is Not a Tax-Free Charity
The owner of five Queens cut-rate parking facilities will have to pay property taxes, the state's top court has ruled. The New York State Court of Appeals upheld the city's decision to take back a tax exemption it had previously granted the politically-connected non-profit that operates 2,000 parking spaces in downtown Jamaica.
July 30, 2015
South Bronx Greenway Takes Shape on Food Center Drive
A decade in the making, the South Bronx Greenway segment along Food Center Drive in Hunts Point is almost complete. The loop, which will provide a protected path along a busy truck route past some of the region's largest food and beverage distributors, is set to open this fall.
June 15, 2015
Industry City Developer Thinks Sunset Park Waterfront Needs More Parking
A Sunset Park developer wants to use city land for a giant new parking lot, in what's shaping up to be a test for Council Member Carlos Menchaca and the NYC Economic Development Corporation.
March 11, 2015
Attention EDC: Big Development Projects Don’t Need Parking After All
During the Bloomberg administration, city officials spearheading a giant Lower East Side mixed-use development larded it up with parking above and beyond what's normally allowed in Manhattan. Now, the company in charge of building the project says it's going to go parking-free, and is hosting a public meeting on its plan tonight. This could be a huge victory for Lower East Siders who want more housing but not more traffic and dirtier air, and it should be a lesson for the NYC Economic Development Corporation with far-reaching consequences.
January 28, 2015
Weisbrod and Kimball Tie Their Own Hands on Parking Reform
Reducing the amount of parking in new development promises to make housing more affordable and curb traffic congestion, but it hasn't gained much traction in Bill de Blasio's first months at City Hall, despite the mayor's ambitious promises to ease the housing crunch. Today, two top city officials explained why, unlike their counterparts in more car-dependent cities, New York's leaders are suggesting only the meekest changes to off-street parking policy.
May 28, 2014
West Side Project Calls For 400-500 Parking Spots. Would EDC Want More?
Developer TF Cornerstone has begun the process of getting rezonings and special permits from the City Planning Commission for its residential and retail project on 11th Avenue and 57th Street, which would replace a string of auto dealerships and a 1,000-space parking garage with a new project containing either 395 or 500 parking spaces, depending on the retail tenants.
October 31, 2013
Feds Reject All Three NYC Applications for Latest Round of TIGER Grants
This morning, U.S. DOT announced the winners in the latest round of its highly-competitive TIGER grant program. While upstate New York won grants for two projects -- a highway teardown in Rochester and a complete streets project in Olean -- New York City missed out, with applications for ferry improvements, a greenway connection in the Bronx, and the redesign of a busy intersection in Downtown Brooklyn failing to make the cut.
September 5, 2013
Don’t Ask Seth Pinsky About NYCEDC Parking Development
"The worst thing we could do is create projects that create a parking need and then not provide that parking."
August 15, 2013
NYC’s Top Parking Subsidizer, Seth Pinsky, Moves On
Seth Pinsky, whose legacy as head of the New York City Economic Development Corporation will be years of parking-induced traffic in city neighborhoods, with taxpayers footing the bill, is headed to the private sector.
July 16, 2013