EDC backs away from secret plans to demolish entire seaport buildings

This post has been read 2562 times!

Kyle Kimball, heads up the EDC for New York City

Kyle Kimball, heads up the EDC for New York City

May 24, 2015- By Steven E. Greer

Perhaps due to the loss of Mayor Bloomberg’s appointed head to run the EDC, real-estate-friendly Kyle Kimball, the EDC is now backing away from plans to secretly destroy the landmarked buildings on the seaport, according to Downtown Express. Crain’s had originally leaked secret EDC documents showing that the Tin Building and New Market Building were slated for total demolition, despite the CB1 and local officials being told otherwise by the EDC. Now, at a recent CB1 meeting, EDC representatives have claimed that only the rear portion of the buildings will be torn down.

BatteryPark.TV previously speculated whether the departure of real-estate crony Mr. Kimball as head of the EDC would be a setback for Bill Ackman and his Howard Hughes Corp. Seaport condo-building plans. Mr. Ackman certainly has genuine opposition from Manhattan Borough President Gale Brewer, and Mr. Kimball was a vital ally to the Howard Hughes team.

Howard Hughes Seaport plans

This entry was posted in - 1 The Good News and Greer Report, - Politics, City government, Real estate. Bookmark the permalink.

One Response to EDC backs away from secret plans to demolish entire seaport buildings

  1. JJ says:

    Would be a great spot for a marina , and a triumphant return for MYC

Leave a Reply

Your email address will not be published. Required fields are marked *