The Brooklyn Bridge Park Corporation held a public meeting at St. Francis College Friday afternoon. On the agenda, planned housing at Pier 6. In attendance were members of People for Green Space Foundation as well as a member of Build Up NYC donning Lone Ranger-type masks and calling themselves “the Undisclosed 14″ in reference to the 14 developers bidding on the project (and giving Homer the a very loose reason for this post’s headline). To date, the developer’s identities have not been announced.
Brooklyn Eagle: “As you saw today, the board saw our full audited financials,” [BBPC president Regina Myer] said. “The board is fully apprised of our current financials and in August, when we were asked about the five-year cash flows, we were happy to give that presentation. At that time there were no questions and the board seemed satisfied. All of that information is available on our website.”
Because real estate values have ballooned since the original park plan was written, fewer luxury units are needed to fund the park. Rather than reduce the size of the towers, however, the city seeks to include 30 percent moderate- and middle-income housing in the project, as part of Mayor Bill de Blasio’s plan to build and preserve 200,000 units of affordable housing over the next decade.
“As you know, we announced in the summer we also have the ability to provide affordable housing within the project site,” Myer told the Eagle. “We believe it’s great that we can address a second public policy goal of not just maintaining the park, but to have a more diverse range of incomes living within the project site.”
BHB has reached out to the Green Space Foundation for a guest post on Friday’s meeting. The GSF has provided us with their analysis here: