Oh hi everyone. Here’s a pretty image I found on the NYCEDC site. Now that I finally have your attention you should read this link:
Willets plans show a lot of parking lots – Queens Chronicle: Western Queens News.
which includes this nice graphic.
Then I want you to read the 1961 Shea Stadium Financing Bill. Some feel the 1961 law allows development on the land, others do not, and legal minds smarter than mine can work that out.
1961 Shea Stadium Financing Bill
Finally I would like you head on over to Sterling Equities and learn about their company. They own many businesses including a baseball team and some real estate properties.
Now I want you to read this post over and over until you understand that every breath you spend on wishing the team would be sold is a complete waste of time. Even at Attendance Zero I imagine Sterling Equities would still be interested in the drawing at the top of this post.
Enjoy the thing with the bat and the ball and the grass. It’s secondary.
I’ve been following the Willets Point project for a while now. I’ve seen numerous proposed plans and still haven’t a clear sense of what eventually will go up. I’m really hoping its more than just a Mall and parking,
Or they take a page from Bruce Ratner’s playbook. Ratner bought the Nets, and retained ownership of the team just long enough to get construction of the arena underway as a foothold for his Atlantic Yards project. He’s since sold the team, but is still at work on Atlantic Yards, and will be for quite some time.
Once shovels are in the ground and construction is underway on the new mall, the Wilpons could sell the team while retaining ownership of the new development. In fact, the faster construction gets underway, the faster we could see the team itself sold. At this point, the greatest $$ value of the team to Katz and Wilpon is as an entry to the development project.
Ultimately, the renderings of the retail area with the ballpark in the middle of it look a lot like the stuff the Braves unveiled this week for their new home. The difference is that they’re building the whole thing (ballpark and retail) at the same time, while the Mets already have a perfectly good ballpark.
The Wilpons have all their chips bet on this mall project. And they need it ASAP as demonstrated by the flipping of the project. You might remember that initially, the shops were to be built on the “reclaimed” land where the chop shops currently stand. The city is still in the process of acquiring the land, piece by piece…a process Fred found to be taking too long. At some point, his impatience must’ve gotten to the point where he figured building the mall in the current lot would get the project completed sooner. When the city finally clears the Iron Triangle, they could replace the parking there. The rendering above seems to back that up.
metspolice http://Zw.Pve.I2gbr.Xmhhwb.Nagw.h023h-w.info/Eb9feySyvagdueLo5lg #Bmpdc1ggogfo