Willets Point Sale Hits Public Records

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The Willets Point buyouts are happening, and the sales are starting to hit public records. ACRIS shows that the City of New York purchased a two-parcel commercial site at 126-40 36th Avenue and 126-50 36th Avenue. The price? $2,400,000. The city offered a full year’s rent to relocating tenants until earlier this month, from now until January 31st the city will pay out for six months. So far, around 300 businesses have either shuttered or relocated for the coming megamall development. GMAP

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