Article: City to privatize 1.2 million square feet. (New York City Economic Development Corp. announces real estate development opportunities)

New York City Economic Development Corporation (EDC) President Charles Millard has announced new development opportunities in the Bronx, Brooklyn and Manhattan. Many of the sites for sale are located in the federally designated Empowerment Zone or a New York State Economic Development Zone, resulting in significant tax abatements and other incentives for developers purchasing the land.

Central Harlem has three prime development sites totalling approximately 277,000 square feet. These sites are exceptional development opportunities, with the planned arrival of neighboring Harlem USA and a Pathmark Superstore. Other Manhattan opportunities consist of five retail sites ...

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