City Doesn't Have Money for Bushwick Inlet Park After All

The most recent signage outside the long-delayed Bushwick Inlet Park promised a winter 2012 opening for the 28-acre project. But the rest of the planned park isn't looking so imminent. Actually, report the Daily News and the Brooklyn Paper, the park plans have stalled. The reason: the city doesn't have the money to buy the private properties they'd planned to acquire around the existing site at Kent Avenue and North 11th Street. Who's happy about this? Absolutely no one. The private property has already been rezoned for park use, leaving the owner unable to sell it to a developer. And local residents are accusing the city of betrayal because the park was promised in exchange for the rezoning that allowed for luxury condos.
· Reversal on plans for Williamsburg park draws ire from residents [NYDN]
· City too poor to build promising Bushwick Inlet Park [BK Paper]
· Bushwick Inlet Park coverage [Curbed]