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THE COURIER/Photo by Liam La Guerre
THE COURIER/Photo by Liam La Guerre
The last relocation payout deadline has passed for Willets Point business owners, in the first phase of a major redevelopment site.

The city is still tallying the number of Willets Point business owners who took a final payout to relocate, officials said.

A pooled $3.5 million was up for grabs for auto shop owners in the Phase 1 area of the development site who agreed to leave the Iron Triangle by the end of January.

The city’s Economic Development Corporation (EDC) offered shop owners a payout equal to one year’s rent, if they relocated by Nov. 30, and six months’ rent, if they left between December and the end of January.

The city was still making final counts Wednesday, an EDC spokesperson said, adding that a more concrete number would be available next week.

In December, nine businesses agreed to vacate by Jan. 31 and 22 took a payout to relocate by November, according to Megan Montalvo, a spokesperson for Councilmember Julissa Ferreras, who represents the area.

At the end of November, 30 relocated, signed new leases or are close to doing so, she said.

About 50 business owners from the Sunrise Co-op, a large group fighting to relocate together, are inching closer to signing their own lease with the city to move as a group to the Bronx, Sunrise leader Sergio Aguirre said.

“We will have good news soon,” he said.

The city has been urging shops to leave in order to make way for a $3 billion project to redevelop Willets Point, which includes cleaning up 23 acres of contaminated land, and eventually constructing housing units and a mega mall near Citi Field.

 

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