Mayor Bloomberg is ramping up his bid to wrest control of Brooklyn Bridge Park from the state with a plan to kick in $55 million – and delay controversial plans to build luxury housing.
Good news for Brooklyn Bridge Park, particularly the potential to turn it from a housing development/park into a park/park.
UPDATE: The Brooklyn Paper sez it ain’t so.
A View from the Hook has the details.
In a move that stunned real estate executives and residents of the building, the sponsors of 20 Bayard Street in Williamsburg filed the condominium into Chapter 11 bankruptcy protection late [Friday] afternoon… According to documents filed in U.S. Bankruptcy Court in Brooklyn, the condo by North Development Group owed more than $10 million to more than 50 creditors.
The building is roughly half sold, with the remaining units rented out by the developer.
And I still think the reason the building hasn’t sold is because no one can figure out how to get into it.
The density and infrastructure of many inner suburbs (continue to) lend themselves to more urban – and sustainable – living.
Mark Firth, who co-owns Marlow & Sons, a popular café–gourmet store, agrees: “We definitely have a crew of older regulars. When we first opened, it was mostly under 30.”
Some of us are just getting old, Mark.
A ten-year walk down Bedford Avenue.
[via Andrew Sullivan]
Forgoing the nautical headline, the Courier looks into the state of Water Taxi – with some new NYWT, EDC and developer perspective.
The owner was happy to make money off of illegal residential use, but now that they have to bring it up to code, they’re walking.
