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TAPPING PROFITS New York’S Water Is a Hot Commodity
CRAINSNEW YORK BUSINESS NEW YORK BUSINESS® APRIL 30 - MAY 6, 2018 | PRICE $3.00 May 7, 2017 - 44 Pages (40 body + 4 cover) - Ad% 41% - Version #1 TAPPING PROFITS New York’s water is a hot commodity. Paul Errigo is among a growing number of entrepreneurs riding the wave PAGE 15 VOL. XXXIV, NO. 18 WWW.CRAINSNEWYORK.COM A TOWER THE LIST MAKING GROWS IN Top real estate DIAMONDS n a n c i n g BROOKLYN deals THAT RIVAL P. 8 P. 14 NATURE’S P. 27 NEWSPAPER P001_CN_20180430.indd 1 4/27/18 6:39 PM CN018646.indd 1 4/24/18 11:08 AM APRIL 30 - MAY 6, 2018 CRAINSNEW YORK BUSINESS ON THE COVER PHOTO: BUCK ENNIS FROM THE NEWSROOM | AARON ELSTEIN | SENIOR REPORTER Pride of place FRANK SINATRA’S live album e Main Event, recorded at Madison Square Garden in October 1974, kicks o with an ode to the city courtesy of Howard Cosell: “Live from New York, the city whose landmarks are familiar all over the world. e world’s center for shipping, transportation, commu- nications, nance, fashion and, above all, entertainment. A city that pulsates always because of the millions of people who live here, work here, visit here.” He didn’t mention the drinking water, but as this week’s cover story explains, most New Yorkers are certain they have the best of that too. Con dence is part of the local DNA. “It’s a wonderful and expected arrogance of New Yorkers that we think everything we have is the best,” said Debbie Millman, chair of P. -
MEET the ASSEMBLYWOMAN EXPECTED to TAKE on DE BLASIO the LIST Largest Construction Firms AHOY VEY! BROOKLYN CRUISE TERMINAL WOES
CRAINSNEW YORK BUSINESS NEW YORK BUSINESS® JULY 10 - 23, 2017 | PRICE $3.00 DOUBLE ISSUE CLOSING THE DOOR MEET THE THE LIST AHOY VEY! ASSEMBLYWOMAN Largest BROOKLYN ON CABS EXPECTED Construction CRUISE • Hard-hit credit union foreclosing TO TAKE ON Firms TERMINAL on medallions PAGE 14 DE BLASIO P. 11 WOES • Uber’s disruptive reach PAGE 15 P. 8 P. 19 • Hailing a bailout PAGE 16 VOL. XXXIII, NOS. 28, 29 WWW.CRAINSNEWYORK.COM NEWSPAPER P001_CN_20170710.indd 1 7/7/2017 5:59:49 PM JULY 10 - 23, 2017 CRAINSNEW YORK BUSINESS FROM THE NEWSROOM | JEREMY SMERD | EDITOR IN THIS ISSUE United waits for takeoff 4 IN CASE YOU MISSED IT Why a single council member 5 TECHNOLOGY can crush a UNITED AIRLINES CEO OSCAR MUNOZ regrets not listening building project 6 INSTANT EXPERT to his gut back in April, when he got word that authorities had dragged passenger David Dao off a flight in Chicago. 7 TRANSPORTATION The incident made United look ghoulish, and Munoz’s ini- 8 ASKED & ANSWERED tial response, saying Dao was being belligerent, was, admit- 9 REAL ESTATE tedly, foolish. “One of my biggest personality traits is trust- 10 VIEWPOINTS ing my instincts,” he said. “And I didn’t in that instance.” 11 THE LIST Munoz course-corrected and apologized. “It’s never too late to do the right thing,” he said during a FEATURES visit to the Crain’s newsroom two weeks ago. 14 UBER’S IMPACT These days Munoz’s gut tells him that United needs to We’re a little 19 SHIPWRECKED IN BROOKLYN raise its profile in the lucrative New York market. -
PUBLIC HEARINGS and MEETINGS Agency Chief Contracting Officer
1457 VOLUME CXLV NUMBER 56 THURSDAY, MARCH 22, 2018 Price: $4.00 Administration . 1465 Education . 1465 THE CITY RECORD TABLE OF CONTENTS Contracts and Purchasing . 1465 BILL DE BLASIO Health and Mental Hygiene . 1465 Mayor PUBLIC HEARINGS AND MEETINGS Agency Chief Contracting Officer . 1465 Borough President - Brooklyn . 1457 LISETTE CAMILO Housing Authority . 1465 Commissioner, Department of Citywide City Council . 1457 Supply Management . 1466 Administrative Services City Planning Commission . 1459 Investigation . 1466 ELI BLACHMAN Community Boards . 1461 Agency Chief Contracting Officer . 1466 Editor, The City Record Equal Employment Practices Parks and Recreation . 1466 Commission . 1461 Contracts . 1467 Published Monday through Friday except legal Housing Authority . 1461 Triborough Bridge and Tunnel holidays by the New York City Department of Landmarks Preservation Commission . 1461 Authority . 1467 Citywide Administrative Services under Authority of Section 1066 of the New York City Charter . Transportation . .. 1462 AGENCY RULES Subscription $500 a year, $4 .00 daily ($5 .00 by PROPERTY DISPOSITION City Planning . 1467 mail) . Periodicals Postage Paid at New York, N .Y . Citywide Administrative Services . 1463 POSTMASTER: Send address changes to SPECIAL MATERIALS THE CITY RECORD, 1 Centre Street, Office of Citywide Procurement . 1463 17th Floor, New York, N .Y . 10007-1602 Police . 1463 Mayor’s Office of Contract Services . 1468 Changes in Personnel . 1468 Editorial Office/Subscription Changes: PROCUREMENT The City Record, 1 Centre Street, 17th Floor, New York, N .Y . 10007-1602 (212) 386-0055 Citywide Administrative Services . 1464 LATE NOTICE Economic Development Corporation . 1471 Visit The New City Record Online (CROL) Office of Citywide Procurement . 1464 Contracts . 1471 at www.nyc.gov/cityrecord for a District Attorney - New York County . -
BDE 05-13-14.Indd
A Special Section of BROOKLYN EAGLE Publications 6 Cool Things Happening IN BROOKLYN 1 2 3 4 5 6 Check out brooklyneagle.com • brooklynstreetbeat.com • mybrooklyncalendar.com Week of May 15-21, 2014 • INBrooklyn - A special section of Brooklyn Eagle/BE Extra/Brooklyn Heights Press/Brooklyn Record • 1INB EYE ON REAL ESTATE Victorian Flatbush Real Estate, Installment One Mary Kay Gallagher Reigns—and Alexandra Reddish Rocks, Too Bring Big Bucks If You Want to Buy— Home Prices Are Topping $2 Million By Lore Croghan INBrooklyn She’s the queen of Vic- torian Flatbush real estate, with nearly a half-century of home sales under her belt. Her granddaughter, who got her real estate license at age 18, is no slouch either. Mary Kay Gallagher, age 94, sells historic homes in y Prospect Park South, Ditmas Park, Midwood and nearby areas—stunning, stand-alone single-family properties that are a century old or more, with verdant lawns and trees. Ninety percent of them have driveways, which of course are coveted in Brooklyn. Granddaughter Alexan- dra Reddish, 40, is Gallagh- er’s savvy colleague in home sales at Mary Kay Gallagh- er Real Estate. A daughter- in-law, Madeleine Gallagh- er, handles rentals and helps with sales. Hello, Gorgeous! Welcome to Victorian Flatbush. Eagle photos by Lore Croghan “We keep it in the fami- ly,” Mary Kay Gallagher said. landmarked Ditmas Park that The map on Gallagher’s who’ve sold their townhous- She launched her bro- needs a lot of work. It went website—marykayg.com/ es for $3 million to $4 mil- ker career in 1970 after the for $1.42 million in March. -
Public Hearings and Meetings
1473 VOLUME CXLV NUMBER 57 FRIDAY, MARCH 23, 2018 Price: $4.00 District Attorney - Richmond County ������ 1482 Administration � � � � � � � � � � � � � � � � � � � � 1482 THE CITY RECORD TABLE OF CONTENTS Fire Department . 1482 Fiscal Services, Contracts � � � � � � � � � � � 1482 BILL DE BLASIO Mayor PUBLIC HEARINGS AND MEETINGS Human Resources Administration . 1482 Borough President - Brooklyn ������������������ 1473 Contracts� � � � � � � � � � � � � � � � � � � � � � � � � 1482 LISETTE CAMILO Borough President - Queens . 1473 Investigation . 1483 Commissioner, Department of Citywide City Council . 1474 Agency Chief Contracting Officer � � � � � 1483 Administrative Services Mayor’s Fund to Advance New York City ���� 1483 City Planning �������������������������������������������� 1475 ELI BLACHMAN City Planning Commission . 1476 NYC Health + Hospitals . 1483 Editor, The City Record Community Boards . 1478 Contract Services � � � � � � � � � � � � � � � � � � 1483 Equal Employment Practices Parks and Recreation �������������������������������� 1483 Contracts� � � � � � � � � � � � � � � � � � � � � � � � � 1484 Published Monday through Friday except legal Commission . 1478 holidays by the New York City Department of Housing Authority . 1478 Revenue � � � � � � � � � � � � � � � � � � � � � � � � � � 1484 Citywide Administrative Services under Authority Landmarks Preservation Commission . 1478 Probation . 1484 of Section 1066 of the New York City Charter. Board of Standards and Appeals �������������� 1479 Subscription $500 a year, $4.00 -
Downtown Brooklyn's Residential Growth
1 A Five-Year DOWNTOWN BROOKLYN’S Review RESIDENTIAL GROWTH 2014–2018 Cover photos: TerraCRG Over the past two decades, Downtown Brooklyn has seen In this report, Downtown Brooklyn Partnership (DBP) provides transformative residential development as new projects give a data-driven snapshot of the Downtown Brooklyn housing rise to a changing Brooklyn skyline and a growing community market. DBP staff conducted interviews with citywide housing of residents. experts and more than a dozen developers and leasing professionals representing more than two-thirds of all newly- In the years following the 2004 adoption of the Downtown delivered rental units. Brooklyn Development Plan and an area-wide rezoning of the Special Downtown Brooklyn District more than 14,000 new Using data from city agencies, leading brokerage firms, housing units were delivered in Downtown Brooklyn, nearly developers, and property owners, this report: two-thirds of which were delivered during the past five years. • Illustrates the supply and makeup of Downtown The district’s growth has accompanied a boom in Brooklyn and Brooklyn’s housing stock in the last five years NYC’s economy, with record employment and population in the • Depicts occupancy and absorption trends from 2014 to borough and city. present • Provides an outlook on the development pipeline KEY FINDINGS Unprecedented growth of a residential neighborhood with mostly rental housing stock: Since the rezoning, more than 70 developments with over 14,000 housing units have been delivered in Downtown Brooklyn. The majority of new housing supply to date (82% of all units, or 11,800+ units) is rental housing. Significant rental and affordable housing growth in the past five years: Nearly two-thirds (64%) of Downtown Brooklyn’s housing supply (9,100+ units) was delivered between 2014 and 2018, including more than 8,500 rental units. -
Draft EIS ECF 80 Flatbush Avenue Part 4
WILLOUGHBY STFLEET PL 2/5/2018 FLEET ST Fort Greene University Park Place FLATBUSH AVE EXTENSION DE KALB AVE HUDSON AVE Albee Square SOUTH PORTLAND AVE ASHLAND PL BOND ST SOUTH ELLIOTT PL HANOVER PL GROVE PL 230 Ashland Place POPS FULTON ST LIVINGSTON ST ST FELIX ST ROCKWELL PL Theatre for a New Audience Fowler Square VE TTE A FAYE Rockwell Place Bears LA SCHERMERHORN ST Community Garden Seating Sixteen Sycamores Area 2 Playground 300 Ashland Place Plaza FT GREENE PL STATE ST NEVINS ST FLATBUSH AVE HANSON PL North Pacific Plgd ATLANTIC AVE 3 AVE Atlantic PACIFIC ST Terminal Mall Plaza Barclay's Center DEAN ST Plaza 4 AVE E V A 5 BERGEN ST WYCKOFF ST Greenstreet Wykoff ST MARK'S PL Gardens Open Space Project Site 0 400 FEET Traffic Analysis Location Traffic Analysis Locations ECF 80 FLATBUSH AVENUE Figure 11-4 Chapter 11: Transportation Table 11-8 Traffic Level 2 Screening Analysis Results—Analysis Locations Incremental Vehicle Trips (Weekday) Intersection AM Midday PM Analysis Locations Fulton Street and DeKalb Avenue 0 0 0 Livingston Street and Bond Street 4 1 4 Schermerhorn Street and Bond Street 35 9 23 Flatbush Avenue and DeKalb Avenue 57 14 57 ✓ Flatbush Avenue and Fulton Street 72 19 92 ✓ Flatbush Avenue and Nevins Street 37 9 52 Livingston Street and Nevins Street 30 6 32 Schermerhorn Street and Nevins Street 61 13 51 ✓ State Street and Nevins Street 51 8 49 ✓ Atlantic Avenue and Nevins Street 32 7 36 Pacific Street and Nevins Street 10 0 7 DeKalb Avenue and Hudson Avenue 6 0 1 Hudson Avenue and Fulton Street 35 13 58 Flatbush -
Bridge Street
388 BRIDGE STREET Between Fulton & Willoughby Streets DOWNTOWN BROOKLYN 388 BRIDGE STREET ADDRESS ven 388 Bridge Street, Brooklyn, NY 11201 u e Ex Between Fulton & Willoughby Streets Columbus MetroTech t M en on Park Center tag R.V. Ingersoll Houses ue S Polytechnic FDNY/EMS sion tr University eet (B NYS Supreme & Family Courts r ooklyn Brid SIZE MetroTech R.V. Ingersoll Houses Commons Empire Blue Cross BlueShield Ground Floor: Approx. 192 SF N New York R Supreme Myrtle Avenue Fleet Pl Brooklyn Court g Second e Bouleva R District em New York Marriott FRONTAGE Heights sen MetroTech Str 2 at the Brooklyn Bridge eet Keyspan JP Morgan St. Francis Chase Gold Approx. 10' on Bridge Street r Center College 3 d) A Brooklyn Kingsview Jora Friends C S S Homes le t t mo School JP Morgan n St. Borough Civic Chase Hall F POSSESSION Center University Towers Verizon 2 3 Immediate Packer 4 Fort Fort Collegiate 5 N R Willoughby Street Institute Greene Greene Law Brid D Park u f field Willoughby r Brooklyn g ence COMMENTS ASHLAND PLACE Municipal Brooklyn e Square Sidney Place Building Law School S t NYC S Park Albee t BOE S • At the base of a 378-unit luxury residential building Clinton Street t Albee Square Redevelopment S • Within walking distance of 13 subway trains q ua Brooklyn r Long Island University Court Street F ult e Brooklyn Center Hospital on M W Center all e s t NEIGHBORS C t HOUSE H&M, Banana Republic, Manhattan Athletic Club, T-Mobile, Nordstrom Rack, Old Navy Cobble OF HOOPS Smith S 2 tin Pl New York City 3 Hill Transit Authority alla ce -
Brownfield Cleanup Program Citizen Participation Plan 388 Bridge Street
New York State Department of Environmental Conservation Brownfield Cleanup Program Citizen Participation Plan for 388 Bridge Street 388 Bridge Street Brooklyn, New York BCP# C224134 August 2010 1 Contents Section Page Number 1. What is New York’s Brownfield Cleanup Program? .....................................................3 2. Citizen Participation Plan Overview................................................................................3 3. Site Information.................................................................................................................5 4. Remedial Process ...............................................................................................................9 5. Citizen Participation Activities.......................................................................................12 6. Major Issues of Public Concern......................................................................................12 Appendix A – Site Location Map ...............................................................................................13 Appendix B – Project Contacts and Document Repositories...................................................15 Appendix C – Brownfield Site Contact List ..............................................................................16 Appendix D – Identification of Citizen Participation Activities..............................................21 Appendix E – Brownfield Cleanup Program Process ..............................................................22 * * * * * -
FY19 Tentative Assessment Roll Statistical Summary
2018/19 Tentative Assessment Roll January 16, 2018 TAXABLE ASSESSMENT AND MARKET VALUE PROFILES FINAL FY 2017/18 VS TENT FY2018/19 CITYWIDE SUMMARY BY PROPERTY TYPE PROPERTY TYPE # OF TAX LOTS RESIDENTIAL UNITS OR SQUARE FOOTAGE* FY ''2017/18 F FY '2018/19T CHANGE FY ''2017/18 F FY '2018/19T CHANGE NUMBER NUMBER % NUMBER NUMBER % Class One 698,852 699,190 0.05% 1,094,689 1,095,675 0.09% Class Two 266,591 270,137 1.33% 1,908,110 1,926,056 0.94% Class Three 300 298 -0.67% Class Four 97,417 97,884 0.48% 1,215,940,036 1,239,855,152 1.97% TOTAL 1,063,160 1,067,509 0.41% PROPERTY TYPE FULL MARKET VALUE TAXABLE ASSESSED VALUE FY ''2017/18 F FY '2018/19T CHANGE FY ''2017/18 F FY '2018/19T CHANGE $ $ % $ $ % Class One 538,564,685,332 594,782,241,031 10.44% 19,442,761,767 20,238,453,279 4.09% Class Two 281,500,408,242 311,571,106,813 10.68% 81,049,886,199 90,378,606,123 11.51% Class Three 33,285,661,294 33,419,627,013 0.40% 14,683,905,855 14,744,285,832 0.41% Class Four 295,858,020,794 317,862,634,295 7.44% 109,284,705,717 117,864,425,114 7.85% TOTAL 1,149,208,775,662 1,257,635,609,152 9.43% 224,461,259,538 243,225,770,348 8.36% *Classes One and Two show residential unit counts. -
Brooklyn 2015 Mid-Year Sales Report by Ariel Property Advisors | Released July 2015
BROOKLyn 2015 Mid-YEAR SALES REPORT by Ariel Property Advisors | Released July 2015 Join Our Network: e-mail [email protected] or visit arielpa.com 212.544.9500 I arielpa.com 122 East 42nd Street, Suite 1015, New York NY 10168 BROOKLyn 2015 Mid-YEAR SALES REPORT Dear Friends, 2015 MID-YEAR SALES REPORT Posting major gains in dollar volume and the number of properties sold, Brooklyn’s in- vestment property sales market started the first half of 2015 in strong fashion. Dollar Volume Transaction Volume Property Volume For the 1H2015, Brooklyn saw 766 transactions consisting of 1,083 properties totaling $5.327 billion in gross consideration. This represents an impressive 76% increase in dol- lar volume, a 14% increase in transaction volume and a 20% increase in property volume compared to 1H14. While nearly every product type saw more selling activity across the $5.33 766 1,083 board, multifamily and development transactions accounted for over 90% of dollar vol- BILLION ume and had a pronounced positive impact on the first half. 59% increase 7% increase 12% increase Multifamily sales, which accounted for 60% of total dollar volume, were expansive in compared compared compared terms of product type and location. Sales ranged from large multifamily portfolios to to 2H 2014 to 2H 2014 to 2H 2014 existing, core rental buildings ideal for conversion to condominiums. Multifamily prices remained at the elevated levels seen at the end of 2014. With strong fundamentals and interest rates expected to stay low over the remainder of the year, 2015 is shaping up to be an incredible year for Brooklyn multifamily owners. -
EIS ECF 80 Flatbush Avenue Notice of Completion
NOTICE OF COMPLETION OF THE FINAL ENVIRONMENTAL IMPACT STATEMENT ECF 80 Flatbush Avenue SEQRA Classification: Type I Date Issued: July 26, 2018 Lead Agency: Project Identification: New York City Educational Construction Fund CEQR/SEQR No. 17ECF001K 30-30 Thomson Avenue, 1st Floor ULURP Nos. I 180216 ZMK Long Island City, NY 11101 N 180217 ZRK I 180218 ZSK Contact Person: Jennifer Maldonado Executive Director, New York City Educational Construction Fund _____________________________________________________________________________ Pursuant to State Environmental Quality Review Act (SEQRA) (Section 8-0113, Article 8 of the Environmental Conservation Law) as set forth in 6 NYCRR Part 617, a Final Environmental Impact Statement (FEIS) has been prepared for the action described below. The proposal involves actions by ECF and the City Planning Commission of New York. Digital copies of the FEIS are available for public inspection online at: http://schools.nyc.gov/community/facilities/ecf.htm and https://www1.nyc.gov/site/oec/index.page. A public hearing on the Draft Environmental Impact Statement (DEIS) was held on June 13, 2018. Written comments on the DEIS were requested and were received and considered by the Lead Agency until June 25, 2018. The FEIS incorporates responses to the public comments received on the DEIS and additional analysis conducted subsequent to the completion of the DEIS. A. INTRODUCTION The co-applicants, the New York City Educational Construction Fund (ECF) and 80 Flatbush Avenue, LLC, are seeking a rezoning and other actions to allow the construction of a mixed-use development, which includes a larger replacement facility for an existing high school, a new lower school, and new residential, office, retail, and cultural community facility space (the “proposed project”).