Willets Point Tenants Offered Rent Subsidies To Make Way For Mall Next To Citi Field
NEW YORK (CBSNewYork/AP) — Small businesses in the blighted area near Citi Field, where the Mets play, are being offered payment equal to a year’s rent if they vacate by the end of November to make way for a retail-and-entertainment mall.
The Wall Street Journal says the city sent out the letters to 90 businesses, mostly auto-body repair and scrapyard shops in Willets Point.
The city has long said that the businesses would have to relocate for the project to be realized.
The Journal says some tenants are pushing to relocate in a large group or groups elsewhere in the city.
The city said the $3.5 million it offered for rent subsidies in the Aug. 9 letters was in addition to up to $9 million that’s still available with relocation.
You May Also Be Interested In These Stories
- Friedman: Breaking Down The 5 Biggest Stories At Jets Training Camp
- Keidel: As Evidenced By The Circus Up In Foxboro, Success Corrupts Everyone
- Lichtenstein: It’s A New Season And All Is Positive With The Jets … For Now
- Kraft Regrets Not Appealing, Says He Was ‘Wrong To Put Faith’ In NFL
(TM and © Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)