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Development archive

Development

Wednesday, Aug. 3, 2011

All eyes on the Watchtower — Inside the Brooklyn Bridge Park deal

Bridge ‘Park’: Brooklyn Bridge Park will have fewer luxury condos inside its waterfront footprint under a deal that would set aside future tax revenues to pay for the park’s $16-million annual upkeep — but how much less housing depends on the timely sale of tax-exempt buildings owned by the Jehovah’s Witnesses and not controlled by the city. Comments (8)

Explaining the Brooklyn Bridge Park deal

The Explainer: Confused by all the spin? Let the Explainer break it down for you. Comments (1)

Tuesday, Aug. 2, 2011

Deal is sealed: There will be housing — but less of it — in Brooklyn Bridge Park

Bridge ‘Park’: Two key lawmakers who had long fought luxury high-rise development inside Brooklyn Bridge Park have signed off on a deal that would scale back the housing — and possibly eliminate most of it entirely — but still meet a mandate that the greenspace’s $16-million annual maintenance cost not come from city taxpayers. Comments (10)