Recent Streetsblog NYC posts about NYCEDC

West Side Project Calls For 400-500 Parking Spots. Would EDC Want More?

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Developer TF Cornerstone has begun the process of getting rezonings and special permits from the City Planning Commission for its residential and retail project on 11th Avenue and 57th Street, which would replace a string of auto dealerships and a 1,000-space parking garage with a new project containing either 395 or 500 parking spaces, depending on the retail tenants. […]

Don’t Ask Seth Pinsky About NYCEDC Parking Development

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“The worst thing we could do is create projects that create a parking need and then not provide that parking.” That was Seth Pinsky, former head of the New York City Economic Development Corporation, in 2010. True to that philosophy, during his tenure NYCEDC incentivized and financed suburban-style parking in development projects in neighborhoods across the city, […]