The city today announced a third deal to buy land at Willets Point, agreeing to acquire 22,000 square feet from Met Metals if the area is rezoned by the City Council. However, the deal leaves a long road left for the city in terms of acquisitions and relocation deals at the 61-acre site by Shea Stadium as there are ...

The city’s Economic Development Corporation is seeking bidders to turn the Bellevue Psychiatric Building on the East Side into a hotel. Developers could potentially add on to the 400,000-square-foot, nine-story building at 492 First Avenue, which was built in 1931. (Also see our previous coverage on this.) Release below. NYC ECONOMIC DEVELOPMENT CORPORATION SEEKS DEVELOPER FOR FORMER BELLEVUE ...