A startling number of affordable units have monthly rents close to those of market-rate units, and often in the same building.
Eligible incomes range from 80 percent to 165 percent of the area median income -- unusually high for Brooklyn.
The future of affordable housing and market-rate towers at Brooklyn Bridge Park's Pier 6 is uncertain following the collapse of talks between the city and state.
The battle over housing at Pier 6 continues. Activist groups released three new studies on Monday, concluding that no housing should be built at the site. Meanwhile, the Empire State Development Corporation (ESD) has not yet approved a modification to the park’s General Project Plan that would permit affordable housing at the proposed development.
Our numbers are good. So says the Brooklyn Bridge Park Corp. in response to criticism that its July report on the park’s financial model was inaccurate and misleading.
Activist group People for Green Space Foundation (PFGSF) claims the July financial report commissioned by the Brooklyn Bridge Park Corp. to demonstrate the need for two controversial revenue-generating apartment towers on Pier 6 is inaccurate and misleading.
A mention of Brooklyn Bridge Park’s Pier 6 might bring to mind the controversy surrounding two proposed residential towers. But those buildings — which would add 339 apartments to the area — aren’t actually on the pier itself.
While a playground and three volleyball courts opened at the base of Pier 6 in 2010, the vast majority of the pier’s 4 acres have been closed to the public. Until now.
Another chapter has started in the Brooklyn Bridge Park Pier 6 controversy. The New York City Comptroller’s Office said Tuesday that the Brooklyn Bridge Park Corporation (BBPC) might be able to fund capital improvements to the park by issuing tax-exempt bonds, The Brooklyn Eagle reported.
Pier 6 opponents are pushing officials at the BBPC to explore using the bonds for park funding instead of the current plans to build two revenue-generating apartment towers at the park’s south end.
Public Advocate and potential mayoral hopeful Letitia James has joined the fight against Mayor de Blasio’s plan to add affordable housing in two towers on Pier 6. The controversial plan is currently going through an official public review process to alter the park’s General Project Plan to allow affordable housing in the park.
If the plan is approved, partner developers RAL Development Services and Oliver’s Realty Group would construct a 29-story and a 14-story tower on the Pier 6 section of Brooklyn Bridge Park. Of the 339 units slated to be built, 117 would be below market rate, bringing the Mayor that much closer to his affordable housing goals.
Have an opinion on the controversial Pier 6 plan? Your voice could still make a difference in the debate, but you need to act fast. Whether you’re pro-towers or anti-development, the period for public comments on the proposal — to develop two ODA-designed towers at the park’s south entrance — ends this evening at 5p.m.
Haven’t yet made up your mind? Here’s what you need to know.