City awards contracts for pedestrian walkway in Brooklyn Bridge Park

New York /
Dec.December 06, 2011 04:16 PM

The city awarded $25 million in contracts for the waterfront Brooklyn Bridge Park at a meeting of the board of directors of the Brooklyn Bridge Park Corp., yesterday, the New York Post reported.

Most notably, a $6.2 million contract to construct a pedestrian bridge connecting the Brooklyn Heights neighborhood to the park — a recreation, of sorts, of the Old Penny bridge which connected the two until 1946 — was awarded to Kelco Construction of Commack, N.Y. The bridge will be known as the Squibb Park Bridge and will cost the taxpayer more than the city’s original $4.9 million estimate.

In August, a deal allowing a developer to build 170 to 225 hotel rooms and 150 to 180 residential units across two buildings no taller than 110 and 55 feet was arranged to fund the park’s $16 million annual maintenance bill. Seven high-profile developers, including the neighborhood’s largest presence, Two Trees Management, have submitted proposals.

The city also awarded Kelco contracts to build three outdoor fields and a playground.

Officials said projects would be completed by next fall, and left open the possibility of planning a temporary pool at Brooklyn Bridge Park. [Post]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Bella Hadid and 63 Greene Street (Getty, StreetEasy)
Bella Hadid’s $6.5M Soho penthouse finds a buyer
Bella Hadid’s $6.5M Soho penthouse finds a buyer
Madonna and The Weeknd with the Hidden Hills home (Getty, Redfin)
Madonna heads for the Hills; she’ll stay more than The Weeknd
Madonna heads for the Hills; she’ll stay more than The Weeknd
The housing market needs 3.8 million single-family homes to meet current demand (iStock)
US needs 4M homes to meet demand from buyers
US needs 4M homes to meet demand from buyers
Photo illustration of Brookfield Property Partners’ Brian Kingston (Brookfield, iStock)
Struggling hotel company handing Brookfield the keys
Struggling hotel company handing Brookfield the keys
Ian Bruce Eichner and his unit
Eichner sells his Continuum South Beach penthouse for $35M
Eichner sells his Continuum South Beach penthouse for $35M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...