Although the Bloomberg administration promised the entire park to the neighborhoods in exchange for rezoning, the City is already over budget at about $225 million, despite the original plan to spend $90 million at most.
To make matters worse, the owner of CitiStorage, Norman Brodsky is now asking for $500 million for his site.
Pulitzer-prize winning architecture critic and journalist Michael Kimmelman believes it is unlikely that Mr. Brodsky will find a private buyer who offers even half the asking price due to the current industrial zoning of the land and the major costs necessary to decontaminate it for other purposes.
“We need another park, the quality of life changes for every family when you have open space”
— Diana Reyna, Deputy Brooklyn Borough President
Visit Bushwick Park Inlet to see how you can get involved and help expedite the park’s expansion.
via New York Times