NYC EDC

Address: 2460 Second Ave

Tenants: MTA Bus Depot

Amount to be Invested: N/A

Total Square Footage: 1,100,000 Sq Ft

Type of Property: Mixed use

News Articles 

By Maria Torres-Springer

If the city’s Economic Development Corp. has its way, a full-block East Harlem site that houses a former slave burial ground — and most recently was used as an MTA bus depot — could become a massive mixed-use complex with hundreds of affordable housing units.

Plans for a 1.1 million-square-foot project at the city-owned site at 2460 Second Avenue were disclosed in The City Record last week, according to the Commercial Observer. A memorial and cultural center commemorating the burial ground and its descendants would be a “centerpiece” of the development, which will also provide housing and jobs to the community, an EDC spokesperson said in a statement.

The proposal includes a 655,215-square-foot building with 730 apartments — 50 percent of which would be affordable. The rest of the space would be used as retail and office space, with about 30,000 square feet set aside for a community facility, including 15,000 square feet for a burial ground memorial.

https://therealdeal.com/2016/09/01/edc-floats-plan-for-1-1m-sf-development-at-mta-bus-depot-in-east-harlem/