Greenpoint waterfront park projects move forward

The city has officially issued requests for proposals for the sites

TRD New York /
May.May 04, 2014 10:00 AM

 Plans for two long-awaited parks along Greenpoint’s waterfront are finally moving forward.

Construction on the first of the two parks is now officially set to begin in 2015, financed by the developers of two massive residential projects on the waterfront, according to Crain’s.

On Friday, the city’s Economic Development Corp. issued a request for proposals for a contractor willing to nearly double the size of the one-acre Newtown Barge Park at the start of next year. The city wants development at the 2.5-Acre Box Street Park to begin the following year.

“We’re very glad that these two major, open-space amenities that were committed to back in 2005 are finally moving forward,” said City Councilman Stephen Levin, D-Brooklyn.

The Park Tower Group, which is developing a 5,500-unit Greenpoint Landing project, contributed $5.5 million to the Newtown Barge Park project. Likewise, the Chetrit Group will fund the Box Street Park project by purchasing air rights for roughly $8 million. [Crain’s] Christopher Cameron


Related Article

arrow_forward_ios
Mack Real Estate Group's Richard Mack and The Greenpoint at 113 Franklin Street (Credit: Getty Images and Wikipedia)

Mack Real Estate, partners sell stake in Greenpoint tower

Chetrit buys national portfolio of 10K+ rental units

Joseph Chetrit and 500 Metropolitan Avenue

Chetrit Group lands $133M refi for Williamsburg resi, hotel project

According to the lawsuit, the water is damaging the home of the developer's downstairs neighbor

Jacob Chetrit’s UES penthouse is leaking dirty water into his downstairs neighbor’s home: lawsuit

De Blasio solicited campaign funds from Toll Brothers, Park Tower Group in violation of conflicts rules: report

Chetrit Group just bagged a $152M refi for historic FiDi office building

60 Guilders, RCG Longview team up to buy UES dorm for $200M-plus

Chetrit Group lands $204M to refinance
49 Chambers Street condo conversion

arrow_forward_ios