Why Affordable Housing Is Now Possible in Brooklyn Bridge Park

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Brooklyn Bridge Park is doing better than expected financially, so building affordable housing in the park is now feasible, according to a long story in The New York Times about the controversial proposal and the politics of the groups that oppose it. A jump in housing prices and park use have filled the coffers of the park, which is supported by private development on the park grounds.

In fact, shortly before de Blasio became mayor and asked for affordable housing in the park, the nonprofit Brooklyn Bridge Corp. that runs the park said it would decrease housing and use its excess funds for structural repairs on the piers. Now, going by the story at least, it seems the only ones who favor affordable housing in the park are the Mayor and the Brooklyn Bridge Corp.

The opponents would rather see less housing or no housing in the park, and are worried about traffic and overcrowded schools. The next hearing for the lawsuit concerning whether the existing environmental impact report is sufficient is September. We wouldn’t be surprised if the temporary restraining order on development were lifted, but you never know.

The Battle of Brooklyn Bridge Park [NY Times]
Yes, the Mayor Does Want to Build Affordable Housing in Brooklyn Bridge Park [Brownstoner]
Map via Brooklyn Bridge Park

Update: Brooklyn Bridge Park Corp. never said it would decrease housing and use its excess funds for structural repairs on the piers, as the New York Times reported, according to a spokesman from BBPC. In the spring, the firm said some cost savings from expediting maritime repairs would allow it to include affordable housing in the park.

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