Brooklyn Bridge Park Condo, Hotel Plans Move Forward
While a deal was reached earlier this week to reduce the amount of residential development planned for at least one Brooklyn Bridge Park site, wheels are in motion for the construction of a hotel and residential structure on Pier 1. Yesterday an RFP was released that, as Crain’s reports, seeks a developer to lease the…
While a deal was reached earlier this week to reduce the amount of residential development planned for at least one Brooklyn Bridge Park site, wheels are in motion for the construction of a hotel and residential structure on Pier 1. Yesterday an RFP was released that, as Crain’s reports, seeks a developer to lease the Pier 1 sites and build a hotel with between 170 and 225 rooms and a condo with between 150 and 180 units. The site in question is where the Cold Storage Warehouse buildings used to stand. A restaurant/cafe is also supposed to be part of the mix, and the developer is expected to include at least 300 parking spots. The hotel and condo will flank Squibb Park, where a pedestrian bridge connecting to Brooklyn Heights is supposed to be in place by next summer. The max building heights are 100 and 55 feet. Responses to the RFP are due in late October.
Search on for B’klyn Bridge Park Developer [Crain’s]
Pier 1 Hotel and Residential Development Request for Proposals [BBP]
“This is simply the reality of funding a public park in times of shrinking public funding.”
so true. tax rates are so low now in NYC that one could not possibly expect them to cover frivolities like park maintenance. I suppose if taxes were raised to proper levels, say 80% of gross income, then the city could pay to mow the lawns and empty the trash cans.
“This is simply the reality of funding a public park in times of shrinking public funding.”
so true. tax rates are so low now in NYC that one could not possibly expect them to cover frivolities like park maintenance. I suppose if taxes were raised to proper levels, say 80% of gross income, then the city could pay to mow the lawns and empty the trash cans.
it’s the Bloomberg formula, new park to enhance the setting for new development. I have very mixed feelings about it. It is an outgrowth of the tower in the park designs of the mid-20th century except the public is saddled with the cost of the “park” component.
OMG a 10 story building!!!!!!!!!!!!!!!!!!!!!!!!!! All is lost