CITY WANTS YOU TO DEVELOP BROOKLYN

NYC ECONOMIC DEVELOPMENT CORPORATION SEEKS

DEVELOPERS OR USERS FOR SEVEN INDUSTRIAL SITES IN BROOKLYN

RFP Calls for Light Industrial Manufacturing Uses in

East New York Industrial Business Zone

Providing Development Opportunities for the City's

Industrial Sector is Part of the Bloomberg Administration's Five Borough

Economic Opportunity Plan

New York City, November 16, 2009 - New York City Economic Development Corporation (NYCEDC) today issued a Request for Proposals (RFP) to identify developers or users for seven sites in the East New York Industrial Business Zone (IBZ). The vacant, City-owned parcels range in size from 2,000 square feet to 19,000 square feet. All the lots are zoned for light industrial manufacturing uses. Respondents may submit proposals for one or more, or all of the sites. To activate these vacant parcels of land and create new jobs, NYCEDC is on an expedited schedule to develop the sites.

"Today more than ever, it is important that we provide our industrial companies with affordable development and expansion opportunities," said NYCEDC President Seth W. Pinsky. "These seven sites, which bring with them access to a number of attractive incentive programs, also offer excellent opportunities for developers or industrial companies to create highly-desirable industrial jobs for the surrounding community."

In addition to being located in the East New York IBZ, the sites are also within East New York II Urban Renewal Area or the Brownsville II Urban Renewal Area, and the East Brooklyn Empire Zone. It is anticipated that all proposed uses will comply with applicable Urban Renewal Plan and zoning requirements. The sites offered in the RFP are:

·        Brownville Industrial Site 3, located on Sackman Street. This site is approximately 19,000 square feet and is surrounded by industrial uses and is accessible from both east and west.

·        East New York Site 2 is an approximately 3,300-square-foot parcel located on the corner of East New York and Van Sinderen Avenues. It is adjacent to an elevated train line and an industrial user.

·        East New York Site 5 is an approximately 2,000-square-foot lot on Hinsdale Street.

·        East New York Site 8 is an approximately 2,000-square-foot lot located across from Site 5 on Hinsdale Street.

·        East New York Site 17, an approximately 9,450-square-foot paved corner lot, is located on the corner of Glenmore Avenue and Hinsdale Street.

·        East New York Site 22 is an approximately 4,100-square-foot paved corner lot with multiple access points located at the corner of Glenmore and Snediker Avenues. It is surrounded by vacant, privately-owned parcels with compatible private industrial users nearby.

·        East New York Site 34, a vacant 2,400-square-foot lot, is located about 100 feet from the nearby Sutter Avenue commercial strip. Although the site also allows for commercial development, NYCEDC is encouraging industrial uses.

The East New York IBZ in Brooklyn has a local labor pool within walking distance and several retail amenities close by, including bodegas, dry cleaners, and pharmacies, to supply needed products and services to the employees of the industrial businesses in the IBZ.

Proposals will be evaluated on how they meet the development goals delineated in the RFP and other criteria including economic impact on the City; land use and design; developer team qualifications and experience; relationship to the surrounding community; and financial feasibility. Respondents should also demonstrate a willingness to participate in a targeted hiring and workforce development plan, as well as address the Minority/Woman Business Enterprises goals in the RFP. NYCEDC also supports green building techniques and will favor proposals that articulate the sustainability goals their projects intend to achieve.

A copy of the complete RFP can be downloaded by visiting www.nycedc.com/rfp . There will be an informational meeting on December 9, 2009 at NYCEDC's office at 110 William Street at 10 a.m. Anyone interested in these properties is strongly urged to attend. Please RSVP to 212-618-5721 or eastnyindustrialrfp@nycedc.com on or before December 7. Proposals are due no later than 4 p.m. on Monday, February 1, 2010.

About NYCEDC

New York City Economic Development Corporation is the City's primary vehicle for promoting economic growth in each of the five boroughs. NYCEDC's mission is to stimulate growth through expansion and redevelopment programs that encourage investment, generate prosperity and strengthen the City's competitive position. NYCEDC serves as an advocate to the business community by building relationships with companies that allow them to take advantage of New York City's many opportunities. Find us on Facebook to learn more about NYCEDC projects and initiatives.

About the Five Borough Economic Opportunity Plan

The Five Borough Economic Opportunity Plan is a comprehensive strategy to bring New York City through the current economic downturn as fast as possible. It focuses on three major areas: creating jobs for New Yorkers today, implementing a long-term vision for growing the city's economy, and building affordable, attractive neighborhoods in every borough. Taken together, the initiatives that the City has launched to achieve these goals will generate thousands of jobs and put New York City on a path to economic recovery and growth.

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