At issue is whether the two-tower residential development rising at Pier 6 is, in fact, providing too much housing, thus violating the BBPC’s agreement with the BHA to develop "only the amount [of housing] necessary to fund the park’s financial needs."
While the overall hotel will open in February, the 1 Hotels group is opening up the event space there as early as this Thanksgiving. The larger Pierhouse development also includes 106 condos that are spread out over two buildings.
Brooklyn Bridge Park’s board voted Wednesday to allocate $3.12M to the project. For those playing along at home, that is only $1M less than it cost to build the whimsical bouncy bridge in the first place.