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Bedford Union Armory
Host: Councilwoman Laurie Cumbo
February 2nd 2017
Recreation Community/Education Housing History/Sustainability
Agenda
1. NYCEDC Process
2. Proposed Development
3. Employment & M/WBE
Opportunities
4. Timeline
2
NYCEDC Process
Bedford Union Armory
3
Our VISION: New York City is the global model for inclusive
innovation and economic growth, fueled by the diversity of
our people and our businesses
Our MISSION: Create shared prosperity across all five
boroughs of New York City by strengthening
neighborhoods and growing good jobs
New York City Economic Development Corporation
In Summer and Fall 2014, the City conducted extensive community engagement to better understand how the Bedford Union
Armory redevelopment could address the community’s needs, meeting with:
Elected Officials (Summer 2014 – present)
Leaders/Local Community Organizations (Summer 2014)
General Public (Fall 2014)
Local elected officials co-hosted two public meetings with NYCEDC in October 2014 with a combined 250 attendees. Attendees were asked
to complete a survey expressing their preferred uses and priorities for the Armory redevelopment. Attendees then discussed their individual
priorities in randomly assigned small groups, and completed surveys that identified shared group priorities.
Community Board 9 Executive Committee
71st Precinct Council
Bedford Union Franklin Block Association
Brooklyn Avenue Tenants Association
Community Board 8
Community Board 9
Community Armory Committee
Corcoran Real Estate
Crow Hill Community Association
Crown Gardens Tenant Association
Crown Heights Community Council
Crown Heights Jewish Community Council
Crown Heights Youth Collective
Crown Montgomery Homeowners Association
Crown Street Block Association
Ebbets Field Apartments Tenant Association
First Baptist Church of Crown Heights
Friends of Crown Heights
Local Development Corporation of Crown Heights
Medgar Evers College
Montgomery Street Block Association (Rogers & Bedford)
Montgomery Street Block Association (Rogers &
Nostrand)
Tivoli Tower Tenants Association
Washington Avenue Botanic Block Association
Review of Engagement Process
Borough President Adams
Council Member Cumbo
Congresswoman Clarke
State Senator Hamilton
Assembly Member Mosley
Assembly Member Richardson
Negotiate for Community Needs
Lease, not sale
Community-Serving
Space
Job Training &
Opportunities
Contextual Housing
Contextual Design
&Construction Guaranty
What Community
Requested
The Project Today
 Establish long-term lease to maintain City control
 Allow limited exception for small residential condo
 Include reporting and financial penalties to ensure
development team’s performance
 Include proven operator
 Include wide range of facilities at discounted rates
 Target M/WBE participation of 25%
 Participate in HireNYC for construction and permanent jobs
 Spread units across more income bands
 Include permanently affordable units, more 3-bedrooms
 Reserve units for local residents
 Limit project height and largely maintain historic structure
EDC Requires Developer to Fulfill Its Commitments
Developer
Commitment
To Begin Lease To Continue Lease
Raise Sufficient
Financing
Construct in Timely
Manner
Operate
Responsibly
Advance
Workforce
Development
 Provide construction budget and proof
of sufficient funds
 Set aside fit-out funding
 Submit payment & performance bond,
completion guaranty
 Establish escrow to collect returns until
completion
 Sign operator agreement for rec space,
regulatory agreement for rental housing
 Submit plans for M/WBE participation,
HireNYC
 Place returns in escrow until construction
completion
 Maintain capital maintenance reserve
 Place returns in escrow until construction
completion
 Ensure community benefits through
audited annual reports, rent credits,
penalties, lease termination
 Pay penalties if fail to pursue M/WBE,
HireNYC plans
Proposed Development
Bedford Union Armory
8
Development Team
Developer: 100% Own & Controlled by BFC Partners
Operator of the Community Facility
M/WBE Architect
9
One of the 10,000 children CAMBA serves each year.
 CAMBA makes New York City a vibrant
and safe place to live by helping 45,000
New Yorkers in need obtain jobs, find
affordable housing and raise happy,
healthy families each year.
 CAMBA is a Brooklyn based non-profit
that was created in 1977 and has grown
today to encompass over 160 programs
at 80 locations in New York City.
Who We Are
10
Community Centers & Facility Operations
CAMBA currently operates 12 Community Centers
3 school-based Beacons and 9 Cornerstones in NYCHA facilities across Brooklyn.
 CAMBA provides: Security, Maintenance, Marketing, and Community Affairs
 We coordinate and manage the activities of over 50 different co-located service
providers and partnering agencies.
 Diverse programming for 6,300 children, youth, parents, and community
members each year based on community interest and amenities available:
• For youth: Unique services and opportunities that spark creativity and talent
like archery, dance and step, robotics, slam poetry, film and music production
experienced from 3-9pm daily including Saturdays.
• For adults: adult basic education and ESOL, financial literacy workshops,
fitness classes, and tax preparation services.
 180 full-time and part time staff, many of whom live in the communities we serve
 Operator of the BED STUY Multi-Service Center since 2012
• 150,000 sq. foot facility includes 13 non-profit tenants and a school.
CAMBA’s Beacon 271 teaches archery to youth in the community,
to develop their skills, become world-class competitors, and pursue
collegiate scholarship programs.
Where You Can…Work
CAMBA has almost 40 years of experience helping New Yorkers find and maintain jobs
Workforce Development
 We’ve helped over 3,300 people get jobs in the past
two years
 Specialize in helping unemployed and underemployed
people overcome barriers to employment
 Offers job readiness training in the fields of Private
Security and Customer Service
 Connects clients to other job training providers and
employment agencies.
Careers:
 500+ job openings across a variety of fields with
competitive benefits and salaries
 Community hiring for Bedford Armory positions
For more info:
www.camba.org/about/careeropportunities
 Main office: 1720 Church Ave, 2nd Floor
Brooklyn, NY 11226
 Phone: 718-287-2600
12
13
Maintenance
Garage
Drill Hall
Head
House
Stables
Existing Bedford Union Armory
14
Proposed Project
• Community
• Recreation
• Education
• Housing
Proposed Community, Education & Recreation
15
Community Benefit
• Required to provide $1,500,000 annual community benefit to a range
of individuals in the form of discounted access, facility use or leases.
The requirement increases 3% annually.
• Detailed Annual report will be submitted to EDC including, but not
limited to; total number of users, rates charges to users, community
benefit calculation, capital expenditures, etc.
• Bedford Courts is required to pay as additional rent any shortfall
amount in community benefit.
• If Bedford Courts does not provide at least $500,000 (3% increase
annually) for 2 consecutive years it is an Event of Default under our
lease agreement.
Survey Results: Barriers to a Well-Rounded Physical Education Program
50% associated with
the quality or lack of
access to recreational
facility or equipment.
Survey Results: Sports & Fitness Activities Schools Would Like to Offer
Feasible at the armory
Recreation Facility- Existing Conditions
19
Renderings of Proposed Recreation
Facility
20
Proposed Recreation
Facility
• 67,752 GSF
• Wood & Multi-sport
Surface
• Fitness Rooms
• 6 Lane, 25M Swimming
Pool
21
Armory will serve approximately 2,500 individuals per week, and growing.
• Services over 200 students annually
through after-school and weekend
programs and throughout the day during
the summer.
• Since 2005, New Heights has maintained
a 100% high school graduation rate.
• Graduates have maintained a 98% college
matriculation rate and 75% college
completion rate within 6 years
• $53 Million estimated in total scholarship
and financial aid dollars have been
awarded to New Heights student-athletes
from independent, boarding and local
high schools and top tier colleges.
• New Heights program is free.
New Heights’ mission is to
educate and empower
promising inner-city youth to
be leaders, champions and
student-athletes by
developing the skills necessary
for success in high school,
college and life.
• New York City's largest learn-to-swim
school, welcoming over 4,000
students each week to its 9 pools in
Manhattan and 5 pools in Brooklyn
• Provides lessons to children ages 4
months and up
• Offer a wide array aquatic programs:
• Learn-to-Swim Lessons
• Stroke Refinement Lessons
• Competitive Swim Team
• Water Polo
• Synchronized Swimming
• Imagine will offer discounted lesson
rates, open swim and other special
programs based on financial need.
In the pool at Imagine Swimming,
we strive to produce a lifetime
love of the water. By listening to
children’s fears as well as
encouraging their curiosity,
Imagine seeks to lead young
swimmers on their first strokes in
the swimming pool and the
aquatic world.
Proposed
Community/Education
Facility
• Approximately 40,000 GSF of office space
leased to non-profits, small businesses,
and local community groups
• Discounted office rents
• Includes 4,500 SF flexible community
event space
• Approximately 26,000 SF Educational
Facility
Existing conditions
Crown Heights Children & Youth Empowerment Zone
• Education & the Arts • Multiple Sports Activities
Education
& Arts
Homework
Support
STEM
Coding
Tutoring
Dance
Theatre
Recreation
Center
Basketball
Soccer
Tennis
LacrosseSwimming
Boxing
Cardio &
Strength
Training
Cost Comparison
26
Annual Membership Dues
Youth thru 11 Years of
Age
Student +12 Credits Adult Senior 65+ Years
Bedford Union Armory
Recreation Center
Free access through many of the sport and academic programs.
General membership for the Fitness Center is approximately $120/year.
Pool access through discounted lessons and open lap swim and family swim. (approximately $2-
$5/swimmer)
Will offer family discounts and scholarships.
YMCA - Bedford Stuyvesant $102 $552 $672 $552
YMCA - Prospect Park $185 $732 $912 $732
YMCA - Park Slope Armory $185 $588 $732 $588
YMCA - Coney Island $150 $480 $600 $480
NYC Parks & Rec - St. Johns
Free - Under 18 Years of
Age
$25 $150 $25
NYC Parks & Rec - Brownsville
Free - Under 18 Years of
Age
$25 $150 $25
Employment & M/WBE
Opportunities
Bedford Union Armory
27
By the Numbers Consulting Services
28
• By the Numbers Consulting Services Corp (BTN Consulting) is a
leading provider of compliance and supportive services to housing
and commercial developers, construction contractors and suppliers,
and property managers.
• BTN Consulting is a 100% minority-owned firm headquartered in
Brooklyn, New York, and works throughout New York State.
• BTN Consulting was hired by Bedford Courts to do specialized
outreach in Central Brooklyn for the project’s M/WBE and HireNYC
compliance.
Economic Impact & Jobs
• Construction of the both the community and residential components
of the Armory will create 679 direct construction jobs
• 460 additional indirect jobs will be created
• On-going operation of the both the community and residential
components of the Armory will create 121 direct permanent jobs
• 17 additional full-time indirect jobs will be created
29Source: Appleseed 2016 study
Economic Impact & Jobs
• Committed to 25% M/WBE participation
• Bedford Courts committed to 50% Hiring
Goal; 40% Retention goal of those HireNYC
hires; 30% Advancement goal of the
retained HireNYC hires
• Committed to paying a living wage for all
permanent jobs at the Armory.
• All available and feasible positions listed
with SBS Workforce1
• Local outreach events throughout the
development process, , including job fairs
and MWBE capacity building workshops
30
M/WBE & Local Hiring Outreach To Date
• M/WBE Info Sessions
• Target was M/WBE construction related firms of Central Brooklyn and immediate
surrounding area
• 2 events held; 37 firms attended
• “Get Certified” event
• Target was non-certified M/WBE construction related firms
• 42 firms referred to SBS for Certification as an M/WBE
• HireNYC Info Sessions
• Target was social service and workforce development providers of Central Brooklyn as
well as members of Community Board 9’s Economic Development Committee
• 10 providers attended; event to be repeated in early Spring 2017
31
Future M/WBE & Local Hiring Outreach
32
• Repeat Past Events for Maximum Coverage
• M/WBE Info Session
• Get Certified Event
• HireNYC Info Session
• Quarterly Recruitment for EDC’s ConstructNYC Course
• Doing Business with BFC Partner’s Construction Unit
• Individualized technical assistance for local M/WBE firms
• Regular Updates
• Bedford Courts Newsletter
• Regular Attendance at CB9 Economic Development Meeting
• Regular Contact with M/WBEs Identified in Past Events
Opportunity M/W/DBE
NYCEDC’s Opportunity M/W/DBE works to counter documented disparities in public procurement by
increasing opportunities for minority-owned, women-owned and disadvantaged business enterprises using a
two-pronged approach:
33
Compliance
(Building
Demand)
Capacity-
Building
(Enhancing
Supply)
Opportunity
M/W/DBE
Building Demand
34
• Local Law 1 (voluntary)
• OneNYC - $16 billion awarded M/WBEs by 2025
• City-wide goal of 30% award to M/WBEs by 2021(changes to LL1)
• City Council reporting requirements for real estate and IDA/Build projects
City-wide M/W/DBE Goals
• M/WBE Participation Goal Applicable to:
• Eligible City funded projects
• All real estate development (sales and lease)
• Eligible IDA/Build projects
• Eligible EDC self funded projects
• Emerging Developer Preference on eligible real estate projects
NYCEDC’s contribution to City-wide M/WBE Goals
Building Demand
35
• M/W/DBE participation goals vary depending the project specifics
• Total value of the project
• Type of project
• Availability of M/WBE firms
• Bedford Union Armory M/WBE Participation Goal: 25%
• M/W/DBE progress on projects monitored quarterly (Corporate-wide and Departmental)
• Reporting metrics include:
• Commitments, Awards and Payments
Goal Setting and Monitoring
Enhancing Supply
 Launched in March 2016
 Designed to give more opportunities to small-to-mid sized MWBE/DBE contractors to work on NYCEDC projects
 ConstructNYC firms are selected after a collaborative vetting process
 Intensive financial management training and technical assistance available to participating firms
 Pre-qualified firms will have access to NYCEDC contracts
 Partnering with Capital Programs and Asset Management
 Program Goals for 2017:
- Award $25 Million to pre-qualified M/WBE firms by Dec. 2017
- Pre-qualify 45 M/WBEs
 Program Progress to date:
- Selected CMs that will manage ConstructNYC projects
- Pre-qualified 28 M/WBEs
- Awarded $150,000
- ConstructNYC projects to start in March 2017 36
Lender: Basis Management Group
Loan Size and Terms:
 Pre-development: $100,000-$750,000, up to 75% of financing needs
 Acquisition/Construction: $100,000-$2.5 million, up to 30% of total financing needs
 Maximum interest rate: 5% + 1-month LIBOR
 Loan Term: between 6 and 60 months
 If emerging developer comes in as a co-developer, role must be significant to the project, and it must
be described in loan application
Senior Debt
(60-70%)
Subordinate Debt
(10-30%)
Equity
(10-20%)
Target Need:
 Legal and title costs
 Security deposits
 Environmental assessments and appraisal fees
 Design and tax credit application fees
 Costs related to financing of the acquisition or ground leasing of
the property
Enhancing Supply
HireNYC Development at NYCEDC
38Edit Footer Here
Creates upward career mobility by providing opportunities for low-income individuals to participate in the City’s economic growth.
 HireNYC: Construction
- Establishes hiring process on EDC-managed real estate dispositions that create construction jobs
- Developers & Tenants sign-up on HireNYC Portal and work with NYC SBS’s Workforce1 program and
community organizations to identify and interview HireNYC candidates
- Job examples: trade labor and site administration
 HireNYC: Permanent
- Establishes hiring, retention and advancement goals for EDC-managed real estate dispositions that
produce permanent jobs upon construction completion for eight years:
o Bedford Union Armory Goals:
• 50% Hiring Goal
• 40% Retention goal of those HireNYC hires
• 30% Advancement goal of the retained HireNYC hires
- Developer and Tenant work with EDC, hiring partners, and community organizations to identify and
interview HireNYC candidates
- Job examples: retail, administrative
Successful HireNYC Project
 Community organization engagement
 Outreach and marketing to project’s local community
 Deliver interview day and local job fairs
 Provide career training
 Example: Loew’s Kings Theater in Brooklyn
- Conducted outreach and direct marketing throughout Brooklyn and community organizations
- Attracted 650+ prospective candidates to the 102 positions available
- Worked with NYC SBS Workforce1 to source candidates for Interview Day
- Had a job fair planned but did not need it because Interview Day was successful
39
How to make your project a successful HireNYC project
Position Interviewed Hired
Ushers 117 49
Ticket Sellers 8 9*
Supervisors 30 4
Project Timeline
Bedford Union Armory
40
Project Timeline
41
Program
Development
Environmental Review (CEQR) ULURP Construction
Establish site program (uses, sizes,
components) that are used as
inputs for environmental review
Due diligence with relevant
agencies;
• Landmarks Preservation
Commission
• Dept. of Transportation
• Dept. of City Planning
• Public Design Commission
• Environmental Assessment
Statement (EAS), Positive
Declaration and Draft Scope of
Work issued December 23,
2016
• Draft Environmental Impact
Statement (DEIS) being
prepared
• Scoping hearing: March 7,
2017
• Scoping comment period until
March 17, 2017
• DEIS anticipated:
Spring/Summer 2017
• DEIS/ULURP Hearing: TBD
• Certification date and DEIS
Hearing: Spring/Summer 2017
• Community Board 9 (60 days)
• Borough President (30 days)
• City Planning Commission (60
days)
• City Council (50 days)
2016 Winter 2016 –Spring 2017 Spring 2017-Winter 2017 2018 - 2021
• Complete Design
• File Building Permits
• Procurement/Bidding
• Commence Construction
• Completion Summer 2020-
Winter 2021
42
43

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BFC Bedford Union Cumbo Townhall_Final Presentation02.02.2017

  • 1. Bedford Union Armory Host: Councilwoman Laurie Cumbo February 2nd 2017 Recreation Community/Education Housing History/Sustainability
  • 2. Agenda 1. NYCEDC Process 2. Proposed Development 3. Employment & M/WBE Opportunities 4. Timeline 2
  • 4. Our VISION: New York City is the global model for inclusive innovation and economic growth, fueled by the diversity of our people and our businesses Our MISSION: Create shared prosperity across all five boroughs of New York City by strengthening neighborhoods and growing good jobs New York City Economic Development Corporation
  • 5. In Summer and Fall 2014, the City conducted extensive community engagement to better understand how the Bedford Union Armory redevelopment could address the community’s needs, meeting with: Elected Officials (Summer 2014 – present) Leaders/Local Community Organizations (Summer 2014) General Public (Fall 2014) Local elected officials co-hosted two public meetings with NYCEDC in October 2014 with a combined 250 attendees. Attendees were asked to complete a survey expressing their preferred uses and priorities for the Armory redevelopment. Attendees then discussed their individual priorities in randomly assigned small groups, and completed surveys that identified shared group priorities. Community Board 9 Executive Committee 71st Precinct Council Bedford Union Franklin Block Association Brooklyn Avenue Tenants Association Community Board 8 Community Board 9 Community Armory Committee Corcoran Real Estate Crow Hill Community Association Crown Gardens Tenant Association Crown Heights Community Council Crown Heights Jewish Community Council Crown Heights Youth Collective Crown Montgomery Homeowners Association Crown Street Block Association Ebbets Field Apartments Tenant Association First Baptist Church of Crown Heights Friends of Crown Heights Local Development Corporation of Crown Heights Medgar Evers College Montgomery Street Block Association (Rogers & Bedford) Montgomery Street Block Association (Rogers & Nostrand) Tivoli Tower Tenants Association Washington Avenue Botanic Block Association Review of Engagement Process Borough President Adams Council Member Cumbo Congresswoman Clarke State Senator Hamilton Assembly Member Mosley Assembly Member Richardson
  • 6. Negotiate for Community Needs Lease, not sale Community-Serving Space Job Training & Opportunities Contextual Housing Contextual Design &Construction Guaranty What Community Requested The Project Today  Establish long-term lease to maintain City control  Allow limited exception for small residential condo  Include reporting and financial penalties to ensure development team’s performance  Include proven operator  Include wide range of facilities at discounted rates  Target M/WBE participation of 25%  Participate in HireNYC for construction and permanent jobs  Spread units across more income bands  Include permanently affordable units, more 3-bedrooms  Reserve units for local residents  Limit project height and largely maintain historic structure
  • 7. EDC Requires Developer to Fulfill Its Commitments Developer Commitment To Begin Lease To Continue Lease Raise Sufficient Financing Construct in Timely Manner Operate Responsibly Advance Workforce Development  Provide construction budget and proof of sufficient funds  Set aside fit-out funding  Submit payment & performance bond, completion guaranty  Establish escrow to collect returns until completion  Sign operator agreement for rec space, regulatory agreement for rental housing  Submit plans for M/WBE participation, HireNYC  Place returns in escrow until construction completion  Maintain capital maintenance reserve  Place returns in escrow until construction completion  Ensure community benefits through audited annual reports, rent credits, penalties, lease termination  Pay penalties if fail to pursue M/WBE, HireNYC plans
  • 9. Development Team Developer: 100% Own & Controlled by BFC Partners Operator of the Community Facility M/WBE Architect 9
  • 10. One of the 10,000 children CAMBA serves each year.  CAMBA makes New York City a vibrant and safe place to live by helping 45,000 New Yorkers in need obtain jobs, find affordable housing and raise happy, healthy families each year.  CAMBA is a Brooklyn based non-profit that was created in 1977 and has grown today to encompass over 160 programs at 80 locations in New York City. Who We Are 10
  • 11. Community Centers & Facility Operations CAMBA currently operates 12 Community Centers 3 school-based Beacons and 9 Cornerstones in NYCHA facilities across Brooklyn.  CAMBA provides: Security, Maintenance, Marketing, and Community Affairs  We coordinate and manage the activities of over 50 different co-located service providers and partnering agencies.  Diverse programming for 6,300 children, youth, parents, and community members each year based on community interest and amenities available: • For youth: Unique services and opportunities that spark creativity and talent like archery, dance and step, robotics, slam poetry, film and music production experienced from 3-9pm daily including Saturdays. • For adults: adult basic education and ESOL, financial literacy workshops, fitness classes, and tax preparation services.  180 full-time and part time staff, many of whom live in the communities we serve  Operator of the BED STUY Multi-Service Center since 2012 • 150,000 sq. foot facility includes 13 non-profit tenants and a school. CAMBA’s Beacon 271 teaches archery to youth in the community, to develop their skills, become world-class competitors, and pursue collegiate scholarship programs.
  • 12. Where You Can…Work CAMBA has almost 40 years of experience helping New Yorkers find and maintain jobs Workforce Development  We’ve helped over 3,300 people get jobs in the past two years  Specialize in helping unemployed and underemployed people overcome barriers to employment  Offers job readiness training in the fields of Private Security and Customer Service  Connects clients to other job training providers and employment agencies. Careers:  500+ job openings across a variety of fields with competitive benefits and salaries  Community hiring for Bedford Armory positions For more info: www.camba.org/about/careeropportunities  Main office: 1720 Church Ave, 2nd Floor Brooklyn, NY 11226  Phone: 718-287-2600 12
  • 14. 14 Proposed Project • Community • Recreation • Education • Housing
  • 15. Proposed Community, Education & Recreation 15
  • 16. Community Benefit • Required to provide $1,500,000 annual community benefit to a range of individuals in the form of discounted access, facility use or leases. The requirement increases 3% annually. • Detailed Annual report will be submitted to EDC including, but not limited to; total number of users, rates charges to users, community benefit calculation, capital expenditures, etc. • Bedford Courts is required to pay as additional rent any shortfall amount in community benefit. • If Bedford Courts does not provide at least $500,000 (3% increase annually) for 2 consecutive years it is an Event of Default under our lease agreement.
  • 17. Survey Results: Barriers to a Well-Rounded Physical Education Program 50% associated with the quality or lack of access to recreational facility or equipment.
  • 18. Survey Results: Sports & Fitness Activities Schools Would Like to Offer Feasible at the armory
  • 20. Renderings of Proposed Recreation Facility 20
  • 21. Proposed Recreation Facility • 67,752 GSF • Wood & Multi-sport Surface • Fitness Rooms • 6 Lane, 25M Swimming Pool 21 Armory will serve approximately 2,500 individuals per week, and growing.
  • 22. • Services over 200 students annually through after-school and weekend programs and throughout the day during the summer. • Since 2005, New Heights has maintained a 100% high school graduation rate. • Graduates have maintained a 98% college matriculation rate and 75% college completion rate within 6 years • $53 Million estimated in total scholarship and financial aid dollars have been awarded to New Heights student-athletes from independent, boarding and local high schools and top tier colleges. • New Heights program is free. New Heights’ mission is to educate and empower promising inner-city youth to be leaders, champions and student-athletes by developing the skills necessary for success in high school, college and life.
  • 23. • New York City's largest learn-to-swim school, welcoming over 4,000 students each week to its 9 pools in Manhattan and 5 pools in Brooklyn • Provides lessons to children ages 4 months and up • Offer a wide array aquatic programs: • Learn-to-Swim Lessons • Stroke Refinement Lessons • Competitive Swim Team • Water Polo • Synchronized Swimming • Imagine will offer discounted lesson rates, open swim and other special programs based on financial need. In the pool at Imagine Swimming, we strive to produce a lifetime love of the water. By listening to children’s fears as well as encouraging their curiosity, Imagine seeks to lead young swimmers on their first strokes in the swimming pool and the aquatic world.
  • 24. Proposed Community/Education Facility • Approximately 40,000 GSF of office space leased to non-profits, small businesses, and local community groups • Discounted office rents • Includes 4,500 SF flexible community event space • Approximately 26,000 SF Educational Facility Existing conditions
  • 25. Crown Heights Children & Youth Empowerment Zone • Education & the Arts • Multiple Sports Activities Education & Arts Homework Support STEM Coding Tutoring Dance Theatre Recreation Center Basketball Soccer Tennis LacrosseSwimming Boxing Cardio & Strength Training
  • 26. Cost Comparison 26 Annual Membership Dues Youth thru 11 Years of Age Student +12 Credits Adult Senior 65+ Years Bedford Union Armory Recreation Center Free access through many of the sport and academic programs. General membership for the Fitness Center is approximately $120/year. Pool access through discounted lessons and open lap swim and family swim. (approximately $2- $5/swimmer) Will offer family discounts and scholarships. YMCA - Bedford Stuyvesant $102 $552 $672 $552 YMCA - Prospect Park $185 $732 $912 $732 YMCA - Park Slope Armory $185 $588 $732 $588 YMCA - Coney Island $150 $480 $600 $480 NYC Parks & Rec - St. Johns Free - Under 18 Years of Age $25 $150 $25 NYC Parks & Rec - Brownsville Free - Under 18 Years of Age $25 $150 $25
  • 28. By the Numbers Consulting Services 28 • By the Numbers Consulting Services Corp (BTN Consulting) is a leading provider of compliance and supportive services to housing and commercial developers, construction contractors and suppliers, and property managers. • BTN Consulting is a 100% minority-owned firm headquartered in Brooklyn, New York, and works throughout New York State. • BTN Consulting was hired by Bedford Courts to do specialized outreach in Central Brooklyn for the project’s M/WBE and HireNYC compliance.
  • 29. Economic Impact & Jobs • Construction of the both the community and residential components of the Armory will create 679 direct construction jobs • 460 additional indirect jobs will be created • On-going operation of the both the community and residential components of the Armory will create 121 direct permanent jobs • 17 additional full-time indirect jobs will be created 29Source: Appleseed 2016 study
  • 30. Economic Impact & Jobs • Committed to 25% M/WBE participation • Bedford Courts committed to 50% Hiring Goal; 40% Retention goal of those HireNYC hires; 30% Advancement goal of the retained HireNYC hires • Committed to paying a living wage for all permanent jobs at the Armory. • All available and feasible positions listed with SBS Workforce1 • Local outreach events throughout the development process, , including job fairs and MWBE capacity building workshops 30
  • 31. M/WBE & Local Hiring Outreach To Date • M/WBE Info Sessions • Target was M/WBE construction related firms of Central Brooklyn and immediate surrounding area • 2 events held; 37 firms attended • “Get Certified” event • Target was non-certified M/WBE construction related firms • 42 firms referred to SBS for Certification as an M/WBE • HireNYC Info Sessions • Target was social service and workforce development providers of Central Brooklyn as well as members of Community Board 9’s Economic Development Committee • 10 providers attended; event to be repeated in early Spring 2017 31
  • 32. Future M/WBE & Local Hiring Outreach 32 • Repeat Past Events for Maximum Coverage • M/WBE Info Session • Get Certified Event • HireNYC Info Session • Quarterly Recruitment for EDC’s ConstructNYC Course • Doing Business with BFC Partner’s Construction Unit • Individualized technical assistance for local M/WBE firms • Regular Updates • Bedford Courts Newsletter • Regular Attendance at CB9 Economic Development Meeting • Regular Contact with M/WBEs Identified in Past Events
  • 33. Opportunity M/W/DBE NYCEDC’s Opportunity M/W/DBE works to counter documented disparities in public procurement by increasing opportunities for minority-owned, women-owned and disadvantaged business enterprises using a two-pronged approach: 33 Compliance (Building Demand) Capacity- Building (Enhancing Supply) Opportunity M/W/DBE
  • 34. Building Demand 34 • Local Law 1 (voluntary) • OneNYC - $16 billion awarded M/WBEs by 2025 • City-wide goal of 30% award to M/WBEs by 2021(changes to LL1) • City Council reporting requirements for real estate and IDA/Build projects City-wide M/W/DBE Goals • M/WBE Participation Goal Applicable to: • Eligible City funded projects • All real estate development (sales and lease) • Eligible IDA/Build projects • Eligible EDC self funded projects • Emerging Developer Preference on eligible real estate projects NYCEDC’s contribution to City-wide M/WBE Goals
  • 35. Building Demand 35 • M/W/DBE participation goals vary depending the project specifics • Total value of the project • Type of project • Availability of M/WBE firms • Bedford Union Armory M/WBE Participation Goal: 25% • M/W/DBE progress on projects monitored quarterly (Corporate-wide and Departmental) • Reporting metrics include: • Commitments, Awards and Payments Goal Setting and Monitoring
  • 36. Enhancing Supply  Launched in March 2016  Designed to give more opportunities to small-to-mid sized MWBE/DBE contractors to work on NYCEDC projects  ConstructNYC firms are selected after a collaborative vetting process  Intensive financial management training and technical assistance available to participating firms  Pre-qualified firms will have access to NYCEDC contracts  Partnering with Capital Programs and Asset Management  Program Goals for 2017: - Award $25 Million to pre-qualified M/WBE firms by Dec. 2017 - Pre-qualify 45 M/WBEs  Program Progress to date: - Selected CMs that will manage ConstructNYC projects - Pre-qualified 28 M/WBEs - Awarded $150,000 - ConstructNYC projects to start in March 2017 36
  • 37. Lender: Basis Management Group Loan Size and Terms:  Pre-development: $100,000-$750,000, up to 75% of financing needs  Acquisition/Construction: $100,000-$2.5 million, up to 30% of total financing needs  Maximum interest rate: 5% + 1-month LIBOR  Loan Term: between 6 and 60 months  If emerging developer comes in as a co-developer, role must be significant to the project, and it must be described in loan application Senior Debt (60-70%) Subordinate Debt (10-30%) Equity (10-20%) Target Need:  Legal and title costs  Security deposits  Environmental assessments and appraisal fees  Design and tax credit application fees  Costs related to financing of the acquisition or ground leasing of the property Enhancing Supply
  • 38. HireNYC Development at NYCEDC 38Edit Footer Here Creates upward career mobility by providing opportunities for low-income individuals to participate in the City’s economic growth.  HireNYC: Construction - Establishes hiring process on EDC-managed real estate dispositions that create construction jobs - Developers & Tenants sign-up on HireNYC Portal and work with NYC SBS’s Workforce1 program and community organizations to identify and interview HireNYC candidates - Job examples: trade labor and site administration  HireNYC: Permanent - Establishes hiring, retention and advancement goals for EDC-managed real estate dispositions that produce permanent jobs upon construction completion for eight years: o Bedford Union Armory Goals: • 50% Hiring Goal • 40% Retention goal of those HireNYC hires • 30% Advancement goal of the retained HireNYC hires - Developer and Tenant work with EDC, hiring partners, and community organizations to identify and interview HireNYC candidates - Job examples: retail, administrative
  • 39. Successful HireNYC Project  Community organization engagement  Outreach and marketing to project’s local community  Deliver interview day and local job fairs  Provide career training  Example: Loew’s Kings Theater in Brooklyn - Conducted outreach and direct marketing throughout Brooklyn and community organizations - Attracted 650+ prospective candidates to the 102 positions available - Worked with NYC SBS Workforce1 to source candidates for Interview Day - Had a job fair planned but did not need it because Interview Day was successful 39 How to make your project a successful HireNYC project Position Interviewed Hired Ushers 117 49 Ticket Sellers 8 9* Supervisors 30 4
  • 41. Project Timeline 41 Program Development Environmental Review (CEQR) ULURP Construction Establish site program (uses, sizes, components) that are used as inputs for environmental review Due diligence with relevant agencies; • Landmarks Preservation Commission • Dept. of Transportation • Dept. of City Planning • Public Design Commission • Environmental Assessment Statement (EAS), Positive Declaration and Draft Scope of Work issued December 23, 2016 • Draft Environmental Impact Statement (DEIS) being prepared • Scoping hearing: March 7, 2017 • Scoping comment period until March 17, 2017 • DEIS anticipated: Spring/Summer 2017 • DEIS/ULURP Hearing: TBD • Certification date and DEIS Hearing: Spring/Summer 2017 • Community Board 9 (60 days) • Borough President (30 days) • City Planning Commission (60 days) • City Council (50 days) 2016 Winter 2016 –Spring 2017 Spring 2017-Winter 2017 2018 - 2021 • Complete Design • File Building Permits • Procurement/Bidding • Commence Construction • Completion Summer 2020- Winter 2021
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