NY1 and The Post report on how corporate sponsorships are one of the ideas being considered to offset Brooklyn Bridge Park’s annual maintenance budget. According to The Post: “The inspiration for the commercial sponsorship comes from Chicago’s Millennium Park, which opened to rave reviews in 2004, and saw the private sector pick up $220 million of its $490 million tab. The massive downtown Chicago park is now flooded with corporate-sponsored attractions, including AT&T Plaza, Chase Promenade and the Frank Gehry-designed BP Bridge. Edward Uhlir, Millennium Park’s executive director, said the green space would’ve been ‘ordinary and bland’â€”and half of it likely not built â€”if naming rights weren’t sold to a dozen sponsors.” Meanwhile, NY1 notes that if this happens, it would be the first time a New York City park sells off naming rights. Since the park was always going to be a public-private partnershipâ€”in which condos were supposed to pay for the park’s maintenanceâ€”would this fundamentally alter its dynamic as originally conceived?
Naming Rights Sought For Brooklyn Bridge Park [NY1]
B’klyn Plan Gives New Meaning to ‘Corporate Park’ [NY Post]
Grocery mogul John Catsimatidis’ real estate firm Red Apple Group has released renderings for 180 Myrtle Avenue, one of at least three large developments, all clustered together, it is building in Fort Greene. NY YIMBY found the renderings, designed by Dattner Architects. The renderings show a large, boxy building whose design elements are formed by intersecting rectangles of […]
A new boutique condo development has hit the market at 1329 East 17th Street in Midwood, with one-bedrooms starting at $399,000. The Graystone has “one bedrooms plus home offices,” according to the Aptsandlofts listing. There are currently five units on the market at the six-story building, which has a common roof deck. Each apartment is about 815 […]
Real estate investment firm LIVWRK Holdings is in contract to buy an industrial building in Red hook for $21,500,000, which it plans to convert into offices and “creative spaces,” The Real Deal reported. The renovated property should be ready for move-in by mid-2015, the firm estimated. Located right at the entrance to the Brooklyn Battery […]
Five Men Are Charged in a Brooklyn Beating [NY Times] House and Garden Tours in Brooklyn and Beyond [NY Times] De Blasio Wants to Ban New Wood Fireplaces [NY Post] Landlord Accused of Trashing Apartments Hit With Subpoena [NY Daily News] Sunset Park Has the Best Chinatown [WSJ] Groups Demand “Responsible” Contractors at Park and Watchtower Sites […]
Pierhouse Starts to Take Shape Beside Brooklyn Bridge Park [Curbed] The Apocalyptic Landscape Near the Kosciuszko Bridge Is Now Complete [Greenpointers] Four Arrested in Williamsburg Beating of Gay Black Man [Gothamist] Senior Housing in Bed Stuy Will Undergo $6 Million Upgrade [DNAinfo] Crown Heights Drivers Ticketed up to 88 Percent More This Year, Police Say [DNAinfo] Paintings by Neighbor […]