NEW YORK CITY-In an effort to reenergize the city’s industrialsector, the New York City Economic DevelopmentCorp. has released a request for proposals seeking thepurchase and development of four vacant and underutilized sitesacross the Bronx, Brooklyn and Queens. The sites, totaling 268,000square feet, have the potential to house growing industrialbusinesses or provide opportunities for ground-up development.

The properties include a 95,000-square-foot property located at2399 Watson Ave. in Zerega section of the Bronx; an80,000-square-foot on Atlantic Avenue and Chestnut Street in EastNew York, Brooklyn; a 53,000-square-foot property on24^th Street and Third Avenue in Sunset Park, Brooklyn;and a 40,000-square-foot property at 28^th Avenue and122^nd Street in the College Point Corporate Park sectionof Queens.

According to the NYCEDC, the RFP is part of 22 initiatives inJune 2011 by Mayor Bloomberg in partnership with the City Councilthat will revitalize, modernize and preserve up to nine millionsquare feet of underutilized industrial space, and create andretain up to 30,000 direct and indirect industrial jobs, generateannual payroll earnings of more than $900 million and more than$150 million in city tax revenue.