Willets Point makes progress.

Real Estate Weekly | October 29, 2008 | Copyright

New York City Economic Development Corporation (NYCEDC) has announced that it has signed two property acquisition agreements and one business relocation agreement with three landowners at Willets Point, Queens.

The new agreements amount to 2.7 acres, or 114,239 square feet, and nearly double the amount of privately owned land at Willets Point that is now controlled by the City.

"We are pleased to have made good on our promise to reach as many negotiated acquisition agreements as possible in Willets Point, prior to the City Council's vote. Our three latest ...

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