Thursday, August 4, 2011

Watchtower Very 'Aware' of 2014 Housing Deal Deadline for Brooklyn Bridge Park

Opponents of the housing compromise announced Tuesday for Brooklyn Bridge Park note that the plan to keep two large residential buildings off of Pier 6 hinges on the Watchtower rezoning and selling several nearby properties by 2014.

The odds of this are small, opponents say.

But an article in the new Brooklyn Heights Press blog (the Brooklyn Heights Press newspaper has been around for 74 years, and is partnered with the Brooklyn Eagle) says that Watchtower has added incentives to push through a sale before the deadline "because a rezoning would be less controversial during this period, and because local supporters and officials are now lined up behind the plan." This advantage could fizzle after the next election.

Watchtower spokesperson Richard Devine told the paper on Wednesday, “We are not announcing anything at the present time but we are definitely looking at [selling by the deadline] with interest.” He added, “I don’t have very much to say at this point — but we are aware of the MOU (Memo of Understanding) between Sen. Squadron, Assemblywoman Millman and the city.”

- Housing in Brooklyn Bridge Park Meeting, Pros and Cons

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