Brooklyn Heights Association: New data from city shows Pier 6 development unnecessary
‘Developments worth more than park estimated’
The Brooklyn Heights Association (BHA) says that property valuations released by the city’s Finance Department last month show that two residential towers planned for Brooklyn Bridge Park’s Pier 6 are not financially necessary.
The city’s valuations show that private high-end developments already built in the waterfront park will bring in much more money than the park corporation projected, BHA says — rendering the Pier 6 project unwarranted.
BHA filed a lawsuit to block the Pier 6 development on July 7; the next appearance is scheduled for March 6. UPDATE: The date has been changed to April 12.
The park’s General Project Plan (GPP) requires that any private development within the park’s borders must be necessary to support the annual maintenance and operations of the park. According to the GPP and a longstanding agreement with the community, BHA says, if the development is not necessary to support the park, it should not be built.