City’s failed housing and park promises anger north Brooklyn residents

TRD New York /
Jun.June 14, 2012 05:30 PM

In exchange for their blessing to revise Williamsburg and Greenpoint zoning laws to encourage new luxury apartment developments in 2005, they city promised community leaders that public parks and 3,500 of units of affordable housing would be built. Seven years later the city is struggling to keep up its end of the bargain, according to the Wall Street Journal.

Some 800 affordable units have been developed and another 330 are scheduled for construction. But only 18 months remain in Mayor Michael Bloomberg’s term and residents concerned with the effects of gentrification feel that time is running out for the city to deliver on its promises.

“They made these commitments, and as a result we rezoned the last large swath of industrial waterfront,” City Council member Stephen Levin said. “The community wants to know and I want to know, ‘What’s the plan?'”

The city argues that it spends more on parks in that neighborhood, $315 million, than it does anywhere else. Ironically, the Journal noted, that’s because the same luxury apartment buildings the city encouraged through the rezoning are now raising real estate prices and preventing the government from fulfilling its promises by making land acquisitions more costly.

Still, residents of those buildings are angry, too. “That [new parks] was a big selling point […] I still hear brokers walking around, and you’ll hear them say, ‘And this is going to be a park,'” said Alexandra Broenniman, a local mother of two. [WSJ]


Related Articles

arrow_forward_ios
A rendering of 165 Broome Street (Credit: Handel Architects)

Nonprofit plans affordable housing development near Essex Crossing

Nonprofit plans affordable housing development near Essex Crossing
All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag
President Donald Trump (Getty, iStock)

Trump tweets that he “may END” Obama-era fair housing regulation

Trump tweets that he “may END” Obama-era fair housing regulation
City Council member Vanessa Gibson, Speaker Corey Johnson and City Council member Brad Lander (Getty)

Why the City Council abandoned affordable housing

Why the City Council abandoned affordable housing
Barika Williams of Association of Neighborhood and Housing Development and Adam Weinstein, CEO of Phipps Houses

Affordable housing experts talk systemic change

Affordable housing experts talk systemic change
A new report finds homes still unaffordable for majority of Americans (iStock)

TRD Insights: Homeownership unaffordable for average wage earner across 75% of US counties

TRD Insights: Homeownership unaffordable for average wage earner across 75% of US counties
Competition for affordable housing in New York City is highest among those who need affordable housing most (Getty, iStock)

Poorest face worst odds in city’s housing lotteries

Poorest face worst odds in city’s housing lotteries
S. Lawrence Davis and 160-05 Archer Avenue (Google Maps)

Shorewood scores $88M construction loan for first Opportunity Zone project

Shorewood scores $88M construction loan for first Opportunity Zone project
arrow_forward_ios

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

Loading...