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WNYC News: Archive for Development

LI Awarded More Than $100M in Economic Development Grants

Friday, December 09, 2011

Long Island won big in the regional economic development grants Governor Andrew Cuomo announced this week. It's getting $101.6 million compared to New York City's $66 million.

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Senior Housing Official Among Those Charged in Corruption Probe

Thursday, October 06, 2011

A senior level New York City housing official and six real estate developers were arrested and charged in a corruption probe, it was revealed by federal authorities in Brooklyn court Thursday.

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Few Qualify for Foreclosure Help from the Government

Sunday, September 25, 2011

Monday is the deadline for homeowners facing foreclosure to qualify for a federal housing grant, but housing groups working to sign people up say only a small percentage of homeowners qualify because of rules that make many ineligible.

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Bronx Officials Want to Turn Yankee Parking Garage into Hotel

Monday, September 19, 2011

Calling all developers: Community leaders in the Bronx are looking for proposals to replace an underutilized garage near Yankee Stadium with a hotel and conference center.

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5Pointz, a Graffiti Landmark, Faces an Uncertain Future in Queens

Friday, April 29, 2011

In Long Island City, Queens, there's a five-story, mostly empty warehouse where graffiti is legal. It’s called 5Pointz, and for years, the building's owner has allowed graffiti artists to spray paint most of the facade.

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Brooklyn Flea Opens Williamsburg Location

Friday, April 01, 2011

The Brooklyn Flea, already well known in the brownstone neighborhood of Fort Greene, has opened another location along the East River in Williamsburg.

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Universities Court City With Science Campus Proposals

Thursday, March 17, 2011

More than two dozen academic institutions from around the world have said they'd be willing to put in money and manpower to develop a new scientific research campus in New York City. 

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Shake Shack, Hotels and Rental Units in Store for Downtown Brooklyn

Thursday, March 03, 2011

A business and real estate group is promising big changes for Downtown Brooklyn this year, including a new 176-room hotel, the construction of 600 rental apartments and a new outpost of the popular Shake Shack fast food stand on Fulton Mall.

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In Wake of Banking Crisis, City Looks to Tech Industry

Monday, February 07, 2011

Leaders from dozens of universities around the world converge on New York this week to show their interest in establishing a new high tech research campus in the city, an idea born out of the financial crisis.

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City Hopes Bakery Will Lift Historic Harlem Market

Tuesday, January 04, 2011

The city is hoping a new tenant in a once-thriving marketplace will cook up renewed interest in this historic La Marqueta space below the MetroNorth tracks in East Harlem.

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Deutsche Bank Saga Nears End

Wednesday, November 17, 2010

Steady progress is being made on the redevelopment of the World Trade Center site. But the demolition of the former Deutsche Bank building, damaged on September 11, 2001, has been plagued by delays, scores of injuries, fatalities and even criminal indictments. Now, with hundreds of millions of dollars spent on its demolition, the removal of the building is near.

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Demolition Progressing at Former Deutsche Bank Site

Sunday, November 14, 2010

Workmen now have the former Deutsche Bank building, badly damaged on 9/11, down to just four stories. But despite the progress, the Lower Manhattan Development Corporation has told Lower Manhattan's Community Board 1 that problems with a crane at the site mean that the LMDC would not be finished with clearing the site until sometime early next year.

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Grand Jury to Examine Role of City Organizations in Child's Death

Thursday, October 14, 2010

The Brooklyn District Attorney's office has impaneled a special grand jury to hear evidence in the case of the sickly, malnourished 4-year-old girl found dead inside her Brooklyn apartment in October.

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Coney Island's Luna Park Rides High

Tuesday, September 21, 2010

People are flocking to Coney Island this year in numbers not seen for almost half a century and the big draw is the area's newest attraction, Luna Park.

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Council Approves New Skyscraper Near Empire State Building

Wednesday, August 25, 2010

By an overwhelming vote of 47-1, the City Council voted to allow a skyscraper to be built within four blocks of the Empire State Building in Midtown.

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Owners of Empire State Building Oppose Proposed Tower Nearby

Thursday, August 19, 2010

The owners of the Empire State Building are objecting to a proposed 69-story skyscraper that would be built two blocks away. The new building, called 15 Penn Plaza, would go where the Hotel Pennsylvania is currently located, at 32nd Street and 7th Avenue, and would rise to about 1200 feet -- or just 25 feet lower than the top floor of the Empire State Building.

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City Unveils New Sewer-Cleaning Trucks That Suck

Wednesday, June 16, 2010

One of two new trucks unvelied July 16, 2010 (Photo by Daniel P. Tucker)

One of two new trucks unveiled June 16, 2010 (Photo by Daniel P. Tucker)

The city has unveiled two powerful new trucks that really suck -- debris that ...

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'Riverside Center' Development Plan Draws Objections

Tuesday, June 15, 2010

A development company wants to finish off a job that Donald Trump began more than two decades ago. Back then, Trump proposed to build a massive complex of office and residential buildings on a platform above an old train yard between West 59th and West 72nd streets near the Hudson ...

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In Coney Island, a Frenzy Before the Summer Fun

Friday, May 28, 2010

For 100 days, workers have been scurrying around the clock to meet the Memorial Day weekend opening deadline for Coney Island's new Luna Park. They’ve unloaded 18,000 trucks, moved 3,000 tons of earth, unpacked 45 containers from Italy and assembled 19 new rides. The park operators say they’ve also gotten ...

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Mosque at Ground Zero Would Need Landmarks Approval

Monday, May 24, 2010

City officials say a plan for a mosque just blocks from ground zero will need the approval of the city's Landmarks Preservation Commission. They say 45 Park Place was built in the 1850's and is both historically and architecturally significant. The building used to house the Burlington Coat Factory. The ...

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