More bad news for Brooklyn Bridge Park this week. In March, we reported on how the park is not fully funded and how housing may be the only way to keep it running and pay its maintenance and operations. According to yesterday’s Daily News,
Luxury condo owners at One Brooklyn Bridge Park got $1 million chopped off the bill – by mounting a challenge to their city tax bill and successfully getting it lowered from $1.8 million to $800,000 a year. The park is spending $4.2 million on maintenance for the coming year – running a $1.8million deficit. Despite objections from Squadron and Assemblywoman Joan Millman (D-Brooklyn Heights), a park committee yesterday approved the findings of a report that concluded that options besides housing couldn’t raise enough money.
Sure, it would be nice if we didn’t need condos inside a public park, but I’ve always been rooting for whatever gets it finished. Staring at huge swaths of unused land we thought would be part of our waterfront is depressing, especially when Piers 1 and 6 turned out so beautifully. But if park housing is going to wrangle millions of dollars in tax cuts–it doesn’t quite seem as helpful. Stay tuned.











