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Bloomberg Slashes North Brooklyn Parks Budget [✜]

About those parks we promised you...

The City seems to be saying that it will still fund the acquisition of sites (such as Bayside Oil and 65 Commercial), but won't have the money to build anything there. Since acquisition itself is taking years, the construction money was just being carried on the books, and probably wouldn't have spent for a few years yet anyhow. Which doesn't change the fact that four years ago we were promised parks and affordable in exchange for thousands of new market-rate units. So far, all we have is thousands of market-rate units.