A pooled $3.5 million in payouts is on tap for some Willets Point business owners who agree to leave the Iron Triangle by the end of January.
The city’s Economic Development Corporation (EDC) sent letters earlier this month to 90 auto shop owners in the Phase 1 area of the Willets Point development site, alerting them of the extra millions now on the table.
Shop owners who relocate by November 30 will be given a payout equal to one year’s rent, city officials said. Those who leave between December and the end of January will receive a payment equal to six month’s rent.
Under the payment plan, if a business owner who currently pays the city’s Department of Housing Preservation and Development $2,000 a month in rent leaves by the end of November, he or she would get $24,000.
The new pooled funds are on a first-come, first-serve basis, city officials said, and are added onto the $9 million in relocation aid already offered.
The EDC, which has said the entire Phase 1 area must be vacated before environmental remediation can begin, has been urging shop owners to relocate since this February.
Only one has left the Phase 1 site so far, an EDC spokesperson said, but two others have struck relocation deals and others are in “serious negotiation.”
Plans for the larger $3 billion project to redevelop Willets Point include cleaning up 23 acres of contaminated land and eventually constructing housing units and a mega mall near Citi Field.
“I think we’re getting pushed out,” said Tommy Cohen, who owns ACDC Scrap Metal. “We don’t have a choice.”
Willets Point United said on its website the deal is “fool’s gold and is little more than a bus ticket out of town for these immigrant Hispanic business owners.”
About 120 people attended a city-hosted informational meeting in Corona last week to discuss the new payouts and additional free services.
Representatives were available at booths to talk about relocations, business loans, job and education training.
There are still ongoing talks between the city, developers and Willets Point shops, said Councilmember Julissa Ferreras, who represents the area. These include possibly relocating the affected businesses as a group.