David Yassky’s office said tonight that there is (finally) some progress on the City’s acquisition of 65 Commercial Street. The big stumbing block – MTA intransigence – seems to have been overcome, and the agency that answers to no one has agreed to two potential relocation sites. The City now needs to do a feasibility study for the site they select, which is expected to completed by the end of the month. Then, I guess, negotiations begin over the cost of acquisition (not a quick-turnaround process) and then design of construction of housing on the site, development of parks, waterfront esplanade and other open space benefits on adjacent sites.
A long way off, yes, but at least we can see the starting gate from here.