Monday, 22 April 2019

Willet be? The heavily industrial spot is back on track with a potential Opportunity Zone boost, but RE players remain wary

When former mayor Michael Bloomberg unveiled the city’s master plan for redeveloping Willets Point back in 2007, the real estate boom in nearby Flushing had barely started, and David Wright was the center of attention at Shea Stadium. Fast-forward 12 years, and a new version of that plan is just now beginning to take shape. After years of legal battles and delays, the city struck a deal with the Related Companies and Sterling Equities last […]



source https://therealdeal.com/issues_articles/willets-point-development/#new_tab

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