BBP Condos Sweetheart Deal for Pataki Pal?

By on January 16, 2007 8:24 am in Brooklyn Heights

onebrooklynbridgepark

The New York Post has an exclusive story today about the deal to build condos at Brooklyn Bridge Park: 

NY Post: $700M Park Flap: A development team with close ties to ex-Gov. George Pataki stands to rack up nearly $700 million in gross revenue by selling more than 400 luxury condos to be built within the state-planned Brooklyn Bridge Park, The Post has learned.

The potential gold mine has opponents fighting to keep high-rise housing out of the proposed 85-acre waterfront park in Brooklyn Heights, charging that developer Robert Levine and partners just might have pulled off the deal of the century.

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  • http://adsformyself.blogspot.com Tim N.

    It’s unclear from the article whether the Levine project is for new construction or for turning the existing buildings into condos.

    If there’s new construction, bye bye promenade.

  • http://www.selfabsorbedboomer.blogspot.com Claude Scales

    The only sites for new construction are well south and north of the Promenade. There was, at one time, a proposal to put low-rise residential buildings below the Promenade and BQE, but that has been scrapped.

  • Teddy

    Do we really need all of these new developments in the Heights ? What about the increase in vehicular traffic ?