Willets Point Brings Retail Revelry, Puts Housing on Back Burner

East
Thursday, June 14, 2012
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The retain and entertainment complex to abut the west side of Citi Field.

The retain and entertainment complex to abut the west side of Citi Field.

Mayor Bloomberg evoked Fitzgerald today when he announced the deal between Sterling Equities and Related Companies to revamp Willets Point. “Today the ‘valley of ashes’ is well on its way to becoming the site of historic private investment,” the mayor said in a statement, referring to the gritty midpoint between Gatsby’s West Egg manse and Manhattan. The plan pegs its success to a  mega entertainment/retail hub just west of the stadium, that sounds very much a part of a trend in projects that used to be called malls, but are now called retail/entertainment attractions (see also the aptly named American Dream in NJ).

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