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City looks to close deal with ‘Rolling Steel’

The Brooklyn Paper
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Activity could soon flourish on a fallow Canarsie plot.

The city is planning to sell a 19,508−s­quare−foot parcel bordered by Rockaway Parkway, Avenue D and the Long Island Rail Road tracks. The parcel will be sold to East New York−based Rolling Steel Industries, a manufacturer of rolling steel doors and gates. The company won a request for proposals the city’s Economic Development Corporation issued last year in hopes of finding a qualified buyer.

The parcel sits in an area zoned for manufacturing use, and will retain that designation. The land is within the Flatlands Fairfield Industrial Business area.

As this paper went to press, officials from the city’s EDC came before Community Board 18 at its May 20 meeting to discuss the business terms of the deal, which require board approval.

The application for the sale of the property was led by the Department of Administrative Services, which handles land dispositions for the city. The company expects to create 15 new jobs, and currently has 15 employees, the EDC has said.

“We haven’t finalized the contract yet. We hope to close [on the deal] this summer,” said Janel Patterson, an EDC spokesperson.

Updated 11:48 am, January 16, 2019
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