Prospect Park Residential Development RFP

The New York City Economic Development Corporation (NYCEDC) is seeking proposals for the purchase of the fee interest and/or development rights associated with a City-owned site located at 470 Flatbush Avenue in Brooklyn, NY. The project aims to develop a mixed-income residential project in Prospect Lefferts Gardens. The selection of a respondent will be based on factors such as program and design, financial and schedule feasibility, respondent qualifications and experience, and economic impact. The project has a Minority and Women Owned Business Enterprise (M/WBE) participation goal of thirty percent (30%). • The site is located at 470 Flatbush Avenue in Brooklyn, NY (Block 5024, Lot 28 and a portion of Lot 37) • The project aims to develop a mixed-income residential project • The selection of a respondent will be based on factors such as program and design, financial and schedule feasibility, respondent qualifications and experience, and economic impact • The project has a Minority and Women Owned Business Enterprise (M/WBE) participation goal of thirty percent (30%) • Respondents must submit an M/WBE Participation Proposal with their response