A New Neighborhood Plan for Staten Island's Bay Street Corridor
The New York City Council approved the Bay Street Corridor Neighborhood Plan after years of work in the borough of Staten Island, according to a press release from the Office of the Mayor in New York City.
The press release claims the new neighborhood plan will "spur the development of as many as 1,000 new jobs, 1,300 affordable homes, investments in parks, schools, sewers, and a new Cromwell Recreation Center."
"The Bay Street Neighborhood Plan represents $250 million in investments in housing, public space, waterfront access, education, transportation, economic development and infrastructure," adds the statement. "Of that total funding, more than $100 million is new City funding for various projects and initiatives. These investments come on top of more than $1 billion in public and private investments being made within walking distance of the Bay Street Corridor."