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Park's Cash Injection Wouldn't Actually Postpone Condos

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Yesterday's plan du jour for Brooklyn Bridge Park was an infusion of $55 million in exchange for shifting control of the park's development from the state to the city. City officials elaborated at a meeting last night on exactly what that $55 million could create. Brooklyn Heights Blog has the deets: athletic facilities, that oft-desired seasonal "bubble" over Pier 2, a skating rink, and a Squibb Park-to-Brooklyn Bridge Park pedestrian bridge. That all sounds nice, but what most residents present last night wanted to know was what about those condos?! The Daily News reported yesterday that if the $55 million-for-park-control deal works out, the city would put the brakes on the plan to build 1,200 condos at the park. Not so fast! A Bloomberg spokesman tells The Brooklyn Paper that the housing is still most definitely a part of the park plan, and there won't be enough money to complete the project otherwise. Given that whole real estate bust, though, we can probably all settle in for a long nap and reconvene to discuss said condos in, say, 2027.
· City Ready to Commit Additional $55 Million to Park [Brooklyn Heights Blog]
· Housing in 'park' is still the plan [BK Paper]
· Brooklyn Bridge Park coverage [Curbed]

Brooklyn Bridge Park - Pier 6

Pier 6, Brooklyn, NY 11201