City to spend $17.5M on Williamsburg waterfront park

Funds will go toward completion of Bushwick Inlet Park

New York /
Oct.October 31, 2017 04:25 PM

Bushwick Inlet Park along the Williamsburg waterfront just got a nice infusion of funds.

The city has put $17.5 million toward developing a pair of sites along the Brooklyn waterfront that will bring the 28-acre park closer to completion, according to Curbed.

About $7.7 million of the funds will go toward building a new park at 50 Kent Avenue, and the rest will go to remediation efforts and developing additional park space at the Inlet’s Motiva site—the land strip around the Inlet itself.

The park runs along Kent Avenue from North 14th Street to North 9th Street, and Mayor Bill de Blasio’s administration agreed to purchase the final section late last year for $160 million.

A total of 3.5 acres of the park have been developed so far, including a multipurpose field and a building for community events. The two additional sites will add 3.6 more acres to the park, and the city will begin the design process in spring 2018 with public meetings. [Curbed]Eddie Small


Related Articles

arrow_forward_ios
With a cooling trade war, stocks perform well, including real estate. (Credit: iStock)
Real estate stocks push up this week as U.S.-China trade tensions ease
Real estate stocks push up this week as U.S.-China trade tensions ease
416 West 25th Street and Maverick Real Estate Partners principal David Aviram (Credit: Google Maps and LinkedIn)
Chelsea landlord claims “predatory” lender is charging a crippling interest rate as punishment after losing foreclosure case
Chelsea landlord claims “predatory” lender is charging a crippling interest rate as punishment after losing foreclosure case
Soho’s zoning madness, such as artists-only lofts and a ban on ground-floor retail, may finally change with a proposed rezoning.
The shopping district that banned retail: Soho’s incoherent zoning
The shopping district that banned retail: Soho’s incoherent zoning
At 432 Park, a $30M condo is in default and its owner has vanished
At 432 Park, a $30M condo is in default and its owner has vanished
At 432 Park, a $30M condo is in default and its owner has vanished
L&L Holding’s David Levinson and Columbia Property Trust's Nelson Mills with a rendering of 261 11th Avenue (L&L, Columbia Property Trust, Terminal Warehouse)
L&L, Columbia Property Trust land $1.3B loan for Chelsea office project
L&L, Columbia Property Trust land $1.3B loan for Chelsea office project
Towns and cities have begun restricting housing construction to save their supply of H2O. (iStock)
“Why are we building houses if we don’t have enough water?”: Towns react to scarcity
“Why are we building houses if we don’t have enough water?”: Towns react to scarcity
817 Broadway and Taconic co-CEOs Charles Bendit and Paul Pariser (Taconic)
Taconic lands $125M refi for renovated Union Square office building
Taconic lands $125M refi for renovated Union Square office building
(iStock)
Locals: Put housing, not warehouses, on landfill site
Locals: Put housing, not warehouses, on landfill site
arrow_forward_ios

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

Loading...