Tuesday, January 24, 2017
City wants development over LIC train tracks
From DNA Info:
The city is looking for a developer to construct housing, retail and open space above a rail yard in Long Island City, according to a Request for Proposals published Monday.
The city's Economic Development Corporation, along with the MTA, is seeking a third party to develop the 58,000-square-foot parcel at 11-24 Jackson Ave. bordered by 21st Street, Jackson and 49th avenues.
The city owns the air rights to the site, which is currently used by the LIRR for storage. Any development would need to be built over the existing rail yard, similar to the Hudson Yards development in Manhattan which is being built above the West Side Yard.