Roosevelt Island Operating Corporation
skip breadcrumbs| Category | Available 2008-09 |
Appropriations Recommended 2009-10 |
Change From 2008-09 |
Reappropriations Recommended 2009-10 |
|---|---|---|---|---|
| Capital Projects | 0 | 4,000,000 | 4,000,000 | 0 |
| Total | 0 | 4,000,000 | 4,000,000 | 0 |
Note: Most recent estimates as of 12/16/08.
Mission
The Roosevelt Island Operating Corporation of the State of New York (RIOC) was created by the New York State Legislature in 1984. Its mandate is to manage, develop and operate the 147 acre Roosevelt Island, located in New York City’s East River, in the borough of Manhattan.
RIOC has promoted the development of a mixed-use, residential and commercial community that is home to more than 12,000 residents. The island has six historic landmarks, several parks, sports facilities, an aerial tramway, playgrounds and a waterfront promenade.
RIOC continues to develop and maintain utilities, public promenades and commercial opportunities on the island to support private development. The RIOC Board of Directors recently approved the planning and design of the Franklin Delano Roosevelt Four Freedoms Park to be located at the southernmost tip of Roosevelt Island and to be supported by funding from New York State, New York City and the Franklin and Eleanor Roosevelt Institute. The 2009-10 Executive Budget recommends $4 million as the State’s commitment to phase one of this effort.
2009-10 Executive Budget — Agency Presentation
Miscellaneous Agencies (PDF)