The Metropolitan Transportation Authority plans to move ahead with a proposal to lease out a Brooklyn waterfront property to a developer, despite local opposition against turning the garage into a mixed-use tower.
The MTA’s Finance Committee on Monday approved a 99-year lease for the lot at 40 Quay Street in Greenpoint to developer Gotham to construct a residential and commercial building overlooking the East River, while relocating the transit agency’s warehouse at the site to East Williamsburg.
“This is a terrific site we believe, it’s a neighborhood that has totally transformed and our current facility is not really appropriately located at this point,” said Robert Paley, MTA’s director of transit oriented development at the Oct. 18 meeting.
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The MTA facility at 40 Quay Street in Greenpoint, Brooklyn. The Metropolitan Transportation Authority plans to move ahead with a proposal to lease out a Brooklyn waterfront property to a developer, despite local opposition against turning the garage into a mixed-use tower.
The MTA’s Finance Committee on Monday approved a [...]