City strikes two new deals

The EDC just confirmed to me that they have made deals with two landowners at Willets Point for 4.1 acres of property.

The two deals bring the city’s control of the 48 acres of privately owned land at Willets Point to just over 29 percent.  Including the streets and sidewalks, which it already owns, the city now has control of about 45 percent of the entire 62 acres that make up the area they are eying for redevelopment.

I’ll provide more detail on this and other property acquisition news tomorrow, but felt it was important to get out there.

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