Thursday Links
Brooklyn Bridge Park Demo. Broader Rule Sought to Pick Gifted Pupils [NY Times] Housing Aid Advancing in Congress [NY Times] The Financing Market: Worst in 20 Years [NY Sun] Comptroller to Audit Council Funds [NY Sun] Budget is Passed 9 Days Late [NY Post]
Brooklyn Bridge Park Demo.
Broader Rule Sought to Pick Gifted Pupils [NY Times]
Housing Aid Advancing in Congress [NY Times]
The Financing Market: Worst in 20 Years [NY Sun]
Comptroller to Audit Council Funds [NY Sun]
Budget is Passed 9 Days Late [NY Post]
nine comments.
people don’t care too much about this park.
They should just develop that area into waterfront homes with private docks. I’m telling you, nobody gives a shit about it.
I don’t know what will happen there. It is anybody’s guess. The idea is that a park will get built but the money is only partly there for a park and the State is not swimming in cash right now. The ESDC and its subsidiary in charge of the park has done a lot of lying over the course of the past ten years. Anyone with a brain would be skeptical at this juncture. I hope its a park. I hope they actually do it but I have my doubts. I don’t see anyone important really championing it and in a competitive budget environment, the weak get eaten first.
That’s all. just my observations, I have no connection to the park or the neighborhood.
12:34 – has the RFP for the hotel been issued? How do you know that the hotel will be built first? Do you think a developer would build a hotel without the expectation that the park would be built? Who is “they?”
10:09 – A reasonable conclusion one could draw from this demolition activity is that the city and state have decided that light industry and seaborn commerce are not going to be uses on this parcel of land going forward. Does the city and state have enough capital allocated to fund this entire project? Probably not, but that should not lead one to conclude that a park will not be the primary use on this site some time in the future. The construction budget will surely rise over the coming years as, among other things, the scope of work related to pier stabilization is sure to expand. If it is not going to be a park what use do you think will occur there?
Credit is drying up or has completely dried up, that is not news. In NYC where nobody ever wants to invest in anything with their own money, this is a problem. It’s a bust.
Next.
progress is lovely. keep on truckin.
pol – in your view, what makes that article excellent?
This is the location of the new hotel. They want that built. We’ll see about the park.
I would suggest everyone read the article on the state of the financing market. It is an excellent article.
Do you go thru life being such a pessimist 10:09? It’s happening, it is largely funded in advance. You could also walk across the street and get hit by a bus. Christ
8:07,
don’t count your chickens before they’re hatched. Do you see a park? I see a wasteland of semi-demolished buildings. Let’s hope and pray they don’t run out of funds part way through the demolition phase and leave it loooking like this for ten years.