The state’s Public Authorities Control Board voted yesterday to give the city control of the long-delayed Brooklyn Bridge Park project, the New York Post reported. In exchange, the city will fill $55 million of the project’s $120 million budget shortfall with money set aside for the stalled Javits Center expansion. The plan, which will infuse the 85-acre property with much-needed cash and ensure that the park can stay open longer, was approved by the Bloomberg and Paterson
administrations in March. The park is being built piecemeal as funds become available, with the first sections at Piers 1 and 6 in Brooklyn Heights open since April. [Post]
Posts Tagged ‘public authorities control board’
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The state’s Public Authorities Control Board voted yesterday to give the city control of the long-delayed Brooklyn Bridge Park project, the New York Post reported. In exchange, the city will fill $55 million of the project’s $120 million budget shortfall with money set aside for the stalled Javits Center expansion. The plan, which will infuse the 85-acre property with much-needed cash and ensure that the park can stay open longer, was approved by the Bloomberg and Paterson
administrations in March. The park is being built piecemeal as funds become available, with the first sections at Piers 1 and 6 in Brooklyn Heights open since April. [Post] -
The long-delayed renovation plans for the 23-year-old Jacob K. Javits
Convention Center received final approval yesterday from the Public
Authorities Control Board in Albany for construction to begin on the
$463 million project. Plans for the original project were shelved
during the Spitzer administration when original calculations put the
price at over $3 billion. Hotel Association of New York member hotels
added a $1.50 nightly surcharge to all guest bills to raise an
additional $150 million for the renovations, which are expected to
create 9,000 jobs. Some improvements to the center will include repairs
to the leaky roof and a 100,000-square-foot expansion, which will be
used for more exhibition and food service areas. The expansion will be
built on the block bounded by 39th and 40th streets and 11th and 12th
avenues. [more]
