City seeks more control over Brooklyn Bridge Park

A shortage of funding has reportedly led the city to seek more control
over the long-awaited Brooklyn Bridge Park, as the Bloomberg
administration plans to shore up what has been hailed as a
self-sufficient, developer-funded project. The new state-appointed
president of the Brooklyn Bridge Park Development Corporation, Regina
Myer, said construction costs have “absolutely exploded.” Advocates
worry that the park could be downsized and say it is too reliant on
money from developers. Meanwhile, Wendy Leventer, who created the
park’s financing model, has taken her successor’s old city job as
senior vice president for planning and design at the Hudson Yards
Development Corporation. more [NYO] and more [NYO]