City to abolish developers’ Downtown Brooklyn parking requirement

TRD New York /
Mar.March 23, 2012 09:00 AM

The Department of City Planning is about to park some good news upon Downtown Brooklyn developers.

The Brooklyn Paper reported that a new City Planning proposal would reduce the number of parking spaces required in residential developments in Downtown Brooklyn and completely eliminate the mandate from below-market-rate buildings. The proposal will be presented within a few months.

“Every developer out there would love to see Brooklyn with reduced parking minimums,” said David Behin, a partner at MNS, which One Brooklyn Bridge Park. “At the end of the day, it makes development harder to do.”

The current rule, which requires off-street parking for as much as half of its units, forces developers to create parking which often isn’t in demand with Brooklyn residents. At the Avalon Fort Greene, the Brooklyner, DKLB BKLN and Oro condominiums, just half of the available spaces are taken, Brooklyn Paper said.

The city also believes it hinders affordable-housing projects because developers fear the mandatory parking lots will sit empty and lose money.

While developers and transit activists support the move, other Brooklyn residents, like those near the Barclays Center, fear the lack of parking would generate a traffic nightmare. [Brooklyn Paper]


Related Articles

arrow_forward_ios
Photos and text from the lawsuit. (Source: New York State Unified Court System)

“Retribution and revenge”: Select Garages says Donald Zucker is trying to destroy the company

The development site at 98 Dekalb Avenue and Rockrose Development's Justin and Henry Elghanayan (Credit: Google Maps)

Rockrose is moving into Brooklyn

Renderings of 9 DeKalb Avenue in Brooklyn, 333 Schermerhorn Street in Brooklyn, and 11-35 49th Avenue in Long Island City (Credit: JDS Development and Elegran)

These were the top 10 outer borough loans in April

Self-storage developer picks up Flatiron District parking garage for $32M

Brooklyn’s luxury market saw 16 contracts signed last week: Stribling

Mind behind the exclusive Avenues School nears deal for huge Brooklyn academy

City agency to sign 140K sf lease deal with Brookfield in Downtown Brooklyn

Rabksy gets six-month extension on $100M in loans for towering Brooklyn project

arrow_forward_ios