Brooklyn Bridge Park Corp. mulls adding affordable units

Opponents filed lawsuit in July to block new housing

New York /
Jan.January 27, 2015 11:12 AM

The Brooklyn Bridge Park Corporation is considering altering the official park plan to allow for the construction of affordable housing.

The city-controlled entity noted the possible revision to the project in papers filed with the New York state Supreme Court last month. The idea of  adding affordable units came in response to opponents alleging that Mayor Bill de Blasio’s affordable housing proposal violates the official plan, the Wall Street Journal reported.

The plan for the 1.7-mile park includes five commercial sites. Four of the sites would have to include market-rate housing in the future. Pier 6, the fifth site, would contain below-market-rate housing.

The corporation board is expected to select a developer – as soon as Feb. 26 — to construct up to 430 apartments in two properties near the southern end of the park. Lawyers for the corporation requested that the opponents’ lawsuit be dismissed, arguing it was filed before the corporation took any official action, the Journal said. [WSJ]Mark Maurer


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
Almanac Realty Investors managing director Matthew Kaplan (Almanac Realty; iStock)

Workforce housing investor gets $320M boost

Workforce housing investor gets $320M boost
Kirk Goodrich, president of Monadnock Development, is opposed to the bill sponsored by Bran Lander. (Getty, Monadnock Development)

Council bill favoring nonprofits for affordable housing will hurt minority-led firms: developers

Council bill favoring nonprofits for affordable housing will hurt minority-led firms: developers
Ray McGuire photographed by Axel Dupeux.

The Closing: Ray McGuire

The Closing: Ray McGuire
Belveron Partners founder Paul Odland with 2000 Valentine Avenue (left) and 1985 Webster Avenue in the Bronx (Photos via Google Maps; Twitter)

Belveron Partners closes $280M fund for affordable housing

Belveron Partners closes $280M fund for affordable housing
City Council members Brad Lander (right) and Robert Cornegy

Lander seeks to keep for-profit developers from acquiring city-owned land

Lander seeks to keep for-profit developers from acquiring city-owned land
Cea Weaver and Public Advocate Jumaane Williams (Getty; Weaver via Elijah Stevens)

“Cancel rent” housing activist tapped for City Planning Commission

“Cancel rent” housing activist tapped for City Planning Commission
arrow_forward_ios

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

Loading...