Two of the area's most powerful developers and a real estate firm controlled by the owners of the Mets are among the firms that submitted proposals for the right to redevelop Willets Point, real estate and political sources said.
The Related Companies has teamed up with Sterling Equities, which is controlled by Mets owners Fred Wilpon and Saul Katz, to submit a proposal to redevelop the 12.75 acres included in the project's first phase, the sources said. Silverstein Properties, which is building three towers at the World Trade Center site, also threw its hat into the ring. None of the firms would comment. A real estate source said Sterling had teamed up on bids with more than one firm.
The Queens-based Times Ledger reported last month that Flushing-based TDC Development also made a bid.
City officials would not say how many proposals they received by last month's deadline, but indicated they were satisfied with the quantity and quality of the submissions. Twenty-nine firms were eligible to submit bids, based on an earlier qualifying round. Among those firms, the Westfield Group, the Richman Group of New York, Edward J. Minskoff Equities and Hamlin Ventures confirmed they did not submit bids.
“After receiving multiple responses for the first phase of development, we are another step closer to the new Willets Point,” a spokeswoman for the city's Economic Development Corp. said.
Hey remember when I told you about Wilpon's windfall 2 years ago? He already has dibs on taxpayer-owned lots B and D without having had to submit an RFP, but he wants Willets Point as well? He should be happy he survived Ponzi schemes, bankruptcy and having to sell off part of the team.
"Sterling had teamed up on bids with more than one firm"... I bet they did.